DOSSIER - Belgium: the country they call Eden

The grass is always greener in the neighbour's field", as the saying goes. "We're always someone else's tax haven," quips M. D., a lawyer specialising in taxation. And from a tax point of view, Belgium is certainly not the most attractive country; the tax rate on earned income quickly rises to 50 %. And Belgium has one of the highest levels of income tax in the world. But here's the thing... in Belgian tax terminology, the word ISF is absent from dictionaries.