Werner Heyvaert in De Tijd, L’Echo and on RTL on the question whether the “Vivaldi coalition” will take a bite out of banking secrecy

October 4, 2020 | News

“Over the past years, some taxpayers have had interests and dividends earned on black capital regularised, yet have left their tier-one capitals unregularised.”

If fraud is suspected, the tax authorities and the judiciary will be allowed easier access to Belgian bank accounts. The seven parties making up what is known as the “Vivaldi coalition” have agreed on this policy.

Werner Heyvaert, tax lawyer with AKD Benelux Lawyers, believes the government is targeting taxpayers who have regularised only part of their black capital. “Over the past years, some taxpayers have had interests and dividends earned on black capital regularised, yet have left their tier-one capitals unregularised.”

Tax lawyers suspect that with the expansion of the CPC, a cadastral register of all capital owned will be just one step away. According to Heyvaert, “all information passed on to the CPC is useful for the construction of such a register”. 

Click here to read the full article in De Tijd.

Werner was also asked for a reaction by the afternoon news show of RTL, which you can watch here, and was quoted by L’Echo

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