|Author (Corporate)||European Commission|
|Series Details||(2018) 326 final (02.05.18)|
The European Commission on 2 May 2018 proposed a pragmatic, modern, long-term budget for the 2021-2027 period. The package of proposals was set out in the Communication 'A modern budget for a Union that protects, empowers and defends. The Multiannual Financial Framework 2021-2027'.
The purpose of this proposal is to lay down provisions necessary to determine the methods and procedure whereby Member States make the new Own Resources available to the Commission. These new Own Resources are based on the Common Consolidated Corporate Tax Base, on the European Union Emissions Trading System and on Plastic packaging waste that is not recycled.
The proposed Regulation complements Council Regulation (EU, Euratom) No 609/2014, which will continue to apply to the existing three Own Resources: Traditional Own Resources, a modified version of the Value Added Tax-based Own Resource and the Own Resource based on the Gross National Income.
|Subject Categories||Economic and Financial Affairs|
|Countries / Regions||Europe|