Belgium may get rid of the tax on financial transactions

Belgium may get rid of the tax on financial transactions

Belgium is preparing to leave the group of ten countries that want to apply a tax on financial transactions, l’Echo wrote on Saturday. This decision could have a snowball effect, and continue the current trend.

On Wednesday, during an award ceremony at the Brussels Stock Exchange, the Belgian Finance Minister Johan Van Overtveldt said he wanted to “look at how to get rid of this tax over the coming weeks and months.”

He agreed with Vincent Van Dessel, the President of the Brussels Stock Exchange, who said Belgium would suffer if it put a tax on financial transactions and neighbouring countries didn’t.

(Source: Belga)


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