Wealth Tax. A New Trend?

Belgian citizens – or at least the wealthier ones – may be exposed to a Wealth Tax.

The Federal Planning Bureau recently estimated that a net wealth tax above €1 million would raise €2.9 billion to €4.7 billion annually.

European countries such as Norway, Spain, and Switzerland tax Net Wealth; France, Italy, Belgium, and the Netherlands have Wealth Taxes over Selected Assets.