The Special Tax Inspectorate (STI) cannot currently make sufficient use of bank data in the fight against tax fraud. This is the conclusion of the Belgian Court of Audit in a new audit report for the Federal Parliament. The Court identified two key issues. First, the information in the database of the Central Point of Contact for accounts and financial contracts (CPC) has a number of shortcomings. Second, the bank investigations are hampered by strict, sometimes cumbersome procedural rules and practical constraints.
