Belgium to give €1.7bn from Russia’s frozen assets’ taxed proceeds to Ukraine by LIGA_net Tags:Europe 5 comments Belgium is rich? Couldn’t they give more? With the other conflict distracting from Ukraine, we shouldn’t forget. >Taxes on the income we receive are our competence. And we have decided that 100 percent of these revenues will be used to help Ukraine,” he said. They have Russian assets. Those assets generate income. That income needs to pay taxes. So they will give away the money collected by the taxes to Ukraine. Am I correct? Great news! Amazing that they found the way to do it, I remember there were some legal problems preventing it from happening sooner. Honestly a really smart solution Better late than never. It should have been done a long time ago though. Leave a ReplyYou must be logged in to post a comment.
Belgium is rich? Couldn’t they give more? With the other conflict distracting from Ukraine, we shouldn’t forget.
>Taxes on the income we receive are our competence. And we have decided that 100 percent of these revenues will be used to help Ukraine,” he said. They have Russian assets. Those assets generate income. That income needs to pay taxes. So they will give away the money collected by the taxes to Ukraine. Am I correct?
Great news! Amazing that they found the way to do it, I remember there were some legal problems preventing it from happening sooner.
5 comments
Belgium is rich? Couldn’t they give more? With the other conflict distracting from Ukraine, we shouldn’t forget.
>Taxes on the income we receive are our competence. And we have decided that 100 percent of these revenues will be used to help Ukraine,” he said.
They have Russian assets.
Those assets generate income.
That income needs to pay taxes.
So they will give away the money collected by the taxes to Ukraine.
Am I correct?
Great news! Amazing that they found the way to do it, I remember there were some legal problems preventing it from happening sooner.
Honestly a really smart solution
Better late than never. It should have been done a long time ago though.