Diritto ed Economia dell'ImpresaISSN 2499-3158
G. Giappichelli Editore

15/07/2018 - Long-term budget: MEPs want EU to have more own resources

argomento: News del mese - Diritto Internazionale e Comunitario

Articoli Correlati: Long-term budget

MEPs want the EU to have its own financial resources for the next long-term budget instead of relying mainly on member state contributions. The Parliament kick-started the EU’s debate on what the next long-term budget, starting on the first of January 2021, should look like. MEPs adopted Parliament’s position that, among other things, wants to change how the EU is funded, paving the way for a system where the EU has more of its own resources and moves away from being almost exclusively dependent on the contribution it receives from EU countries. Belgian ALDE member Gérard Deprez, one of the lead MEPs dealing with the revenue side of the budget, said: “As the Parliament said, we will not accept a new long-term budget without own resources. We are determined.” Together with Polish EPP member Janusz Lewandowski, Deprez has written a report on own resources, which is part of Parliament’s position on the next long-term budget, also known as multi-annual financial framework. The report proposes new sources of revenue for the EU, including a corporate income tax, environmental taxes, a financial transaction tax at the European level, a special taxation of companies in the digital sector, and a reform of the VAT system.