Reform of the EU Own Resources System

by name voted on 09.11.2023

Summary

The European Parliament has approved reforms to the EU's revenue system, introducing new income sources like carbon taxes and adjusting how certain countries receive financial reductions to account for inflation.

9 09.11.2023

Other

economy

finance

taxation

european union

public finance and budget policy

Key points

The proposal introduces new ways for the EU to generate its own income, including sources based on carbon emissions and corporate profits.
These new funds are intended to ensure the long-term stability of the Union budget and the repayment of common debts.
Financial reductions for specific Member States, including Austria and Germany, will now be adjusted using a fixed annual rate of 2% to account for inflation.
Future reforms aim to replace statistical calculations based on company profits with actual tax-based contributions once EU-wide tax rules are harmonized.

Vote

PPE

S&D

Renew

Verts/ALE

ECR

ID

NI

The Left

Total

Speeches

34 Speeches in total

Pro

Contra

Elisabetta GUALMINI

Elisabetta GUALMINI

S&D

1:06 min

11. Order of business

Anna FOTYGA

ECR

0:14 min

11. Order of business

Documents (PDFs)

Opinion on the amended proposal for a Council Decision amending Decision (EU, Euratom) 2020/2053 on the system of own resources of the European Union DRAFT REPORT on the proposal for a Council decision amending Decision (EU, Euratom) 2020/2053 on the system of own resources of the European Union REPORT on the proposal for a Council decision amending Decision (EU, Euratom) 2020/2053 on the system of own resources of the European Union REPORT on the proposal for a Council decision amending Decision (EU, Euratom) 2020/2053 on the system of own resources of the European Union System of own resources of the European Union System of own resources of the European Union

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