Van Overtveldt – delays in the business tax reform are “costing jobs”

Van Overtveldt – delays in the business tax reform are “costing jobs”

Finance Minister Johan Van Overtveldt (New Flemish Alliance) criticised the Christian Democrats in Saturday’s De Tijd. He was talking about business tax reforms he urgently wants to introduce. “Those blocking the reform should know the delay is costing jobs”, he warned.

The reform has become deadlocked since the Christian Democrats compared the business tax reform to a capital gains tax. It is now in the hands of Prime Minister Charles Michel, who has said he refuses to do anything in a hurry.

“Right up to the last moment, I said it would be possible to introduce this reform in 2017 if businesses hadn’t yet made their first payments. That moment has now passed, so it will have to wait until 2018”, Johan Van Overtveldt told L’Echo and De Tijd.

The Finance Minister is worried this delay will cost jobs. “Jobs are created based on investment. If there is none, jobs won’t be created. It’s a shame that one party has linked the reform to other things”.

Johan Van Overtveldt also suggested that the business tax reform might come with a price tag.” If we take the current economic climate into account, we can predict the reform might cost something”.

t (Source: Belga)


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