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EU Economic and Financial Affairs Council Largely Opposes New Statistical Own Resource Based on Company Profits

|Proposed Changes|European Union
European Union

The EU Economic and Financial Affairs Council held a meeting on 14 July 2023 to discuss various issues, including the European Commission's proposal for a new statistical own resource based on company profits. The new own resource was proposed as part of an adjusted package for the next generation of own resources for the EU budget. The new own resource would be temporary and calculated as 0.5% of the notional EU company profit base, an indicator calculated by Eurostat on the basis of the n…

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