zaterdag 3 oktober 2009

Black money returns to Belgium!

Black money on foreign bank accounts turns back to Belgium for fear of new international rules for banking secrecy and tax havens.
This repatriation of money is the biggest since the fiscal amnesty in 2004 which was the start of a permanent procedure for regularization of black revenues.
The large amount of black market money that will be transfered from foreign countries to Belgium, due to the procedure of 2004, is valued at 1,9 million euro this year.
The tax authorities are very delighted with this massive regularization but can't give the precise quantity because of their trade secret.

Ennio Martens

2 opmerkingen:

EcoEnglish zei

turns back --> is returning
no new lines after each stce: makes the text look incoherent
transfeRRed
1.9 million (decimal point)
drop very before delighted
GIVE the precise quantity?
trade secret?
Good topic, but the text is not very coherent.

Ennio Martens zei

Black money returns to Belgium!

Black money on foreign bank accounts is returning to Belgium for fear of new international rules for banking secrecy and tax havens. This repatriation of money is the biggest since the fiscal amnesty in 2004 which was the start of a permanent procedure for regularization of black revenues.
The large amount of black market money that will be transferred from foreign countries to Belgium, due to the procedure of 2004, is valued at 1.9 million euro this year. The tax authorities are delighted with this massive regularization but can't say the precise quantity because of their professional secret.

Ennio Martens