The EU Commission chief ordered a study on the feasibility of the introduction of an asset register on all property owned by EU taxpayers. The move has been lambasted as the ultimate attempt to control Europeans’ lives by Brussels. German MEP Dr Gunnar Beck blasted: “Brussels plans a central property register for total control!
“Under the guise of money laundering – and the fight against tax evasion becomes the basis for dispossession!
“Transparent citizen par excellence!
“The encroaching state continues to expand!”
The declared aim is to combat money laundering and tax evasion.
But the project is politically explosive.
If the register comes out as the EU imagines, it would be a further step on the way to becoming a transparent citizen.
In order to be able to effectively combat money laundering and tax evasion, the feasibility study should “examine various possibilities for collecting information on the establishment of an asset register”.
To this end, the study aims to examine how “the information available from various sources of property ownership (e.g. land registers, business registers, trust and foundation registers, etc.) can be collected and linked with one another”.
Furthermore, “the draft, the scope and the challenges for such a Union property register are to be analysed”.
READ MORE: Let British business get on with the job, says TIM NEWARK
The confederation of states would have enough other, less comprehensive options to combat tax evasion – such as drying up tax havens within the EU.
Instead, the Commission prefers to rely on all-encompassing transparency.
The tension between freedom and security would shift a little in favour of security – and the transparent citizen.
Credit: Source link