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Reform of the EU Own Resources System

Summary

The report proposes reforming the EU's revenue system by introducing new 'own resources,' such as taxes on plastic waste and carbon emissions, to fund the recovery from the COVID-19 crisis.
10 15.12.2020
Other
economy
taxation
environment
budgetary control
administrative reform
public finance and budget policy

Key points

  • The proposal seeks to reform how the EU is funded to support economic recovery and long-term policy goals.
  • A new contribution based on non-recycled plastic packaging waste is proposed to start in early 2021.
  • Revenue from the Emissions Trading System will become a source of EU income starting in 2021.
  • A digital services tax is planned to be introduced by early 2023.
Documents (PDFs)
REPORT on the draft Council decision on the system of Own Resources of the European Union Draft Council decision on the system of own resources of the European Union *
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