Investors have not been slow to find ways to get around the tax on shares. These are aimed at those who have around 500,000 euros in the form of shares. Investment funds and obligations can also be made nominative, three anonymous specialists told De Tijd.
“I have had requests from clients to make share funds nominative”, says a private banker. “It’s a return to the Middle Ages in an administrative sense, but I can’t refuse to operate this change”. Other sources have confirmed the process, saying it is possible to have “nominative investment funds and obligations, certainly when it comes to Belgian funds”.
Some tax systems include anti-abuse measures the government has put in place to avoid massive evasion of the new tax, but these do not apply to those using such a system.
t
The Brussels Times
