maandag 5 oktober 2009

withholding tax up to 25%


The withholding tax on interest on saving certificates, deposits and savings will raise from 15 percent to 25 percent. The increase of withholding taxes is a part of the plans of the government Van Rompuy to close the deficit in public spending. Next week the government will finalise the last part of the budget. The cabinet Van Rompuy wants to gain 1,1 milliard euro from the new fiscal incomes, another 1,1 milliard has to come from banks and the energy sector and a third part has to come from savings.


Stephanie De Smet

1 opmerking:

EcoEnglish zei

Accuracy:

S1: will raise or will be raised (crucial difference for students of economics!)
S4: 1.1
S4: billion
S4: euros

Good single focus, good flow, but too many accuracy errors for this level.