End of a tax era in Koksijde and De Panne: what are the consequences for real estate prices on the coast? And what does Knokke do?

Tax expert Michel Maus (VUB) warns that Koksijde and De Panne are in danger of losing their status as ‘fiscal oasis’. The two seaside resorts will increase the additional personal tax from 0 to 5 percent. What are the consequences for second-home owners and property prices on the coast? And what does Knokke do, now the only Flemish municipality without such an additional tax? “This is a huge own goal.”

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