Belgian tax authorities claim that the (unelected) European Trade Commissioner Karel De Gucht owes €900,000 in unpaid tax, fines, and interest from a share deal in 2005. According to the Belgian business newspaper De Tijd, the amount demanded has three elements: tax owed on the transaction; a punitive additional amount for non-payment; plus interest on the unpaid amount.
Euronews also report that the charges, due to appear before the Belgian magistrates on November 25th, also involve profits from an Italian property deal. De Gucht denies any wrongdoing.
Say it with us: Yet another financial scandal at the EU that goes unreported in the British media.