Thursday, September 06, 2012

Belgium's top 500 companies paid an average 5.5% tax rate

That's the headline from Belgium's Le Vif/L'Express newspaper:
"According to data compiled by Trends Top, these 500 companies had turnover exceeding 240bn Euros. They made profits of 55.7bn Euros before tax, and 52.7bn after tax."
The data is here.

The reasons for these outflows? Well, a good explanation is here.


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