EU Passed Tax
ID Number for Everyone
The EU is
laying the groundwork for everyone in Europe to be given a new tax ID number in
preparation for moving to electronic money. They are using a National Insurance
number pretense to disguise the real objective.
This scheme was
passed by the Economic and Monetary Affairs Committee last week. This is
another step in the federalization of Europe and even the British will have to
comply.
Naturally,
nobody will report this in Britain because it obviously calls for a European
Taxpayer Identification Number to keep track of every EU citizen, which
include the British.
The actual the
European Commission text reads: “Proper
identification of taxpayers is essential to effective exchange of information
between tax administrations.
The creation of European Taxpayer Identification Number (EU TIN) would
provide the best means for this identification. It would allow any third party
to quickly, easily and correctly identify and record TINs in cross-border
relations and serve as a basis for effective automatic exchange of information
between member states tax administrations.”
This covert
maneuver calls for the EU to take over member states’ corporate
taxation powers with a common corporation tax base for Europe as a whole.
The British
corporations are suddenly going to taste the bitter bite of Europeans socialism
and watch their taxes sky-rocket. That should help increase unemployment in
Britain at a far faster pace than expected.
This new
legislation is banning sovereign member states from increasing their
competitiveness by cutting corporation tax below 15%.
Brussels is
eliminating independence within Europe on taxes and this enables Brussels to be
handed the ability to track every EU taxpayer, laying the foundations for a new
European tax and to prevent competitive taxation to lure in companies from
other members to help reduce local unemployment.
https://www.armstrongeconomics.com/international-news/europes-current-economy/eu-passed-tax-id-numbers-for-everyone/
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