Volume 54, May/June 2019, Number 3 · pp. 171-177
Tax-based Own Resources to Finance the EU Budget
In the current negotiations about the European Union’s next medium-term Multiannual Financial Framework (MFF) for the period 2021 to 2027, the system of own resources financing EU expenditures plays a relatively important role. Currently, the EU budget primarily rests on contributions from Member States (VAT- and GNI-based own resources), whereas ‘true’ own resources have continuously lost importance. In 2017, VAT-based own resources accounted for 12.2% of overall EU revenues and GNI-based own resources for 56.6%, while traditional own resources contributed the rather small share of 14.7%.
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