'Withholding tax raised to 25 percent?'

As a solution to the budget deficit the withholding tax on interest on savings certificates, term accounts and savings accounts would be raised from 15 to 25 percent. This tax is automatically deducted from the revenue of the money, but for the ordinary savings account there is a tax exemption up to 1730 Euros (rate) per taxpayer.

The government-Van Rompuy would get some 1.1 billion Euros from this new tax revenue, another 1.1 billion Euros from the banks and the energy sectors and the third part from cost savings.
Besides these revenues also new expenditures are planned, estimated at 650 million Euros and these expenditures will include new prisons.

Sara Goris

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