Van Peteghem State Bond: Good News for Subscribers as Withholding Tax is Confirmed by Council of State

2023-09-21 16:20:26

Good news for the government and the 700,000 Belgians who have subscribed to the Van Peteghem state bond: the halving of the withholding tax is not called into question by the Council of State. It remains to pass the law which will also apply to those who have already had to or decided to resell their vouchers. Article reserved for subscribers By Maxime Biermé Amandine Cloot Published on 09/21/2023 at 6:20 p.m. Reading time: 1 min

Vincent Van Peteghem (CD&V) can breathe a little “phew” of relief. There was no great suspense but the validation by the Council of State of the halving of the withholding tax on its State bond which has now entered the history books is good news for the Minister of Finance, the government and the 700,000 Belgians who have decided to entrust part of their savings (22 billion all the same!) to the State.

In its opinion delivered on September 15, consulted this Thursday by Le Soir, the Council of State indicates that it “sees no reason to consider that the envisaged measure is disproportionate in relation to the objective pursued” namely: responding to the growing financing needs of the federal government in a context of rising interest rates.

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