Tuesday, March 27, 2018

Report exposes how Belgians hide their money from tax in Luxembourg

48 billion euros (60 billion dollars) has been hidden from the Belgian taxman in shell companies in Luxembourg according to an investigation by Belgian paper Le Soir.

The report claims that 60 of Belgium's richest 100 people used shell companies in Luxembourg to avoid paying the famously high Belgian tax.
 
Our Europe correspondent Jack Parrock reports. 

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