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Hundreds caught with illicit savings after tipMonday 02 November 2009 The tax office has tracked down hundreds of Dutch citizens with millions of euros in savings stashed in foreign bank accounts following a single tip-off, junior finance minister Jan Kees de Jager has told MPs. The tip-off included names, addresses, bank account numbers and phone numbers, De Jager said. Most savers had several hundred thousand euros in their accounts but several have millions of euros secreted away, he told MPs. The person who gave officials the information will get a reward of several hundred thousand euros, news agency ANP said. The government has been cracking down hard on people with savings in foreign bank accounts which they do not declare for tax. So far this year, 3,000 people have taken advantage of an amnesty and admitted to a combined €680m in illicit savings abroad. © DutchNews.nl
That's great news for the royal familly!! For the rest of us, the health insurance costs will increase again and we wont retire before 75... By johnny | November 2, 2009 6:24 PM People who save do the world more good than those who consume. Why re-tax them? It is a shame, that after inflation and income/wealth tax not even a millionair can earn enough interest for a liveable income out of what he saved up for posterity. I query the ethics of that Judas squealer. By Frans | November 3, 2009 9:29 AM Why have a wealth tax at all? It is counterintuitive and invites taxation fraud. Surely an increased VAT rate on high end luxury goods is a better solution. By Marc | November 3, 2009 2:00 PM Marc, how much more of your income would you like to kiss goodbye to, 30%??? Is not 19% on JUST ABOUT EVERYTHING enough??? Now I'm going to come clean: Guatemala, El Banco Banana Corrupto, account no. 778 989 4124. Phew! Now I can sleep a lot better knowing that I can have my $10 million taxed for the 2nd time for fun. Did I make a good point here, or should I become an extra in the Simpsons??? By stevie | November 3, 2009 8:05 PM
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"The person who gave officials the information will get a reward of several hundred thousand euros, news agency ANP said." Tax free ?
By johnny | November 2, 2009 6:20 PM