Belgium, 2012: The year in review

A constant factor in Belgian politics is the need for compromise. After the June 2010 national elections, it took 540 days of negotiations to form a government and agree on a budget. In 2012, when the budget needed to be rectified with new spending cuts and taxes, the discussions were postponed until after the local elections in October. Only recently, on November 20, did the tax authorities announce new rules aimed at simplifying measures adopted earlier in the year.

Belgium, 2012 : The year in review, Tax Notes International, 26 December 2012
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