The Ghent Court of Appeal declares the second residence tax in Knokke-Heist illegal. Is the tax going to be completely overhauled soon? The coastal municipalities earn a lot of money from the tax – up to 18 million euros per year. Together with tax expert Michel Maus (VUB), we mapped out the annual fat pot of second residence tax for all municipalities in Flanders. “This would be a minor disaster for the finances of the coastal municipalities.”
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Now that a judge declares the second residence tax illegal: is this the end of the tax? What does that mean for the coastal municipalities?
