CD&V pleit voor eengemaakte beurs Benelux-landen: “Om kapitaal, groei én koopkracht in eigen regio te houden”

4 comments

1. CD&V: voert belastingen in op de beursverrichten
   CD&V: voert belastingen in op effectenrekening
   CD&V: voert meerwaardebelasting in op beursgenoteerde bedrijven
   CD&V: voert wetgeving in om het moeilijker te maken om naar de beurs te komen
   CD&V: zorgt ervoor dat privaks onbelast zijn, en meerwaardes op private vrijgesteld tot 20m

   ook CD&V: waarom trekt de beurs op niets in België?

2. **CD&V (Flemish Christian Democrats, majority coalition member) wants a common stock exchange for the Benelux countries pending further integration of the European Union’s capital markets. The party has submitted a law proposal [to the Belgian Federal Parliament] to this effect.**

   The European economy has been lagging behind that of the United States and China for years, and many European growth companies are moving to the US to raise capital. According to the party, between 2008 and 2021, almost 30 per cent of the “unicorns” founded in Europe – start-ups that later became worth more than $1 billion – moved their headquarters abroad.

   **European capital market too fragmented**

   One of the culprits is a European capital market that is too fragmented. Given that market integration is a long-term process, CD&V proposes to start working on further integration with the Benelux countries.

   ‘By combining the strengths of the three countries, we will make our capital market bigger and stronger. Companies will find it easier to obtain financing here, instead of having to turn to the US, and savers will have more opportunities to earn a return on their money close to home. In this way, we will keep capital, growth and purchasing power in our own region,’ says party chairman and initiator Sammy Mahdi.

   **Fifth largest economy in Europe**

   An integrated Benelux capital market would represent the fifth largest economy in Europe and rank among the top 15 worldwide. ‘A joint stock exchange would suddenly create a market of almost 30 million savers and investors and hundreds of institutional investors who could invest within a single, legally secure tax framework,’ said co-author Steven Matheï.

   In concrete terms, it would no longer matter to a Belgian investor for tax purposes whether he purchases Belgian, Dutch or Luxembourg shares: dividend tax and stock exchange taxes must be the same and laid down in a treaty.

   **Working group**

   The party is asking Belgium, the Netherlands and Luxembourg to set up a working group to identify the legal, tax and technical obstacles and opportunities of such a joint stock exchange. In the first phase, work could already be done on harmonising withholding tax on dividends from Benelux-listed companies, creating a joint Benelux index (BNL50) based on the Scandinavian model, and increasing cooperation between Euronext Brussels, Amsterdam and the Luxembourg stock exchange.

3. Kan ik dan ook Luxemburgse meerwaardebelasting betalen?

   Internationaal kan dit onze beurzen iets meer op de kaart zetten, maar ik denk niet dat dit de beurs stabieler maakt. Een beter idee is het (deels) koppelen van pensioensparen aan onze nationale beurs, zoals in Amerika gedaan wordt. De (meeste) mensen doen dit toch en spijst de lokale economie, dubbele winst

4. Als het is om de nieuwe box3 belasting van onze Nederlandse vrienden over te nemen laat het dan maar snel achterwege.