Don’t give too much away for the holidays, or it gets taxed!

[pele23]

10000 EUR

Today this article in the newspaper caught my attention. It was titled: “Beware what you give away for the holidays!”

And I researched it, and it seems to be true. If you receive more than 10000 EUR from one person in Belgium as a gift for Christmas or New Year, you are supposed to declare it and pay taxes on it!

I kid you not, even if your parents already paid taxes on it, you should also!

Complete and utter insanity!

Don’t comply!

Sincerely,

Pele23

Posted Using InLeo Alpha

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