Belgium: second highest taxes in Europe

Belgium: second highest taxes in Europe

4th June 2014, Comments 0 comments

Figures recently released by the European Commission revealed Belgium had the second highest tax levels, surpassing Sweden.

The tax burden in Belgium rose to 45.4 percent of national output in 2012.

Only Denmark today has higher tax levels.

The figures have just been released by the European Commission following an audit of European tax systems.

The last time people in Belgium were paying so much tax was during the '90s of the previous century.

As a result of the recent increase Belgium overtakes Sweden in the top three.

Tax pressure in Belgium is high because both labour and capital are heavily taxed here.

 

Flandersnews.be / Expatica

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