More than 4,400 people have reported a total €1bn in illicit savings abroad under the government amnesty this year, junior finance minister Jan Kees de Jager said on Tuesday evening.
Under the terms of the amnesty, people who voluntarily register their savings in secret bank accounts do not get fined.
However, that is set to change on January 1, when a fine of 15% will be levied over assets which have been hidden abroad for more than two years. And from July 1, the fine will be increased to 25%, De Jager said.
People whose savings are tracked down by finance ministry investigators face a 300% fine.
Several people reporting their savings have more than €20m on foreign bank accounts while 150 had more than €1m, De Jager said.
Earlier this week it emerged the ministry is to put an extra 200 officials onto tracking down illicit funds.
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