Share article:

    Belgian regions receive more taxes

    Wallonia, Brussels and Flanders have collected 765 million euro in tax redistribution. L’Echo reported on Wednesday (29 June) that the money is part of 2.5 billion euro that has been generated in the federal tax regularization system.

    The federal service on anticipated tax decisions (Ruling) states in its annual report that most of the money is recovery of evaded inheritance tax.

    Despite the revenues, the Walloon and Brussels regions oppose the new tax regularization system that the federal government is trying to implement.

    Cooperation agreements signed between the two layers of government introduced a transfer of fiscal competencies to the regions in 2015.

    The Brussels Times (Source: Belga)