EU Tax Subcommittee Chair Calls for Centralized Asset Register

The new chair of the European Parliament’s tax subcommittee said he will work to get a “European registry of assets” to limit tax avoidance and help improve the effectiveness of the global minimum corporate tax rules.

With such a registry, “it will be much easier to fill the gap” between the rules’ aims and where they are now, said Pasquale Tridico, who belongs to The Left grouping in the Parliament.

“We lack a digital integration of data between member states,” Tridico said in an interview with Bloomberg on Wednesday. While “centralization of information” should be an aim for EU countries, ...