Own resources: methods and procedure for making available the value added tax (VAT) based own resource

"Own resources: methods and procedure for making available the value added tax (VAT) based own resource" follows the consultation procedure, in which the Council decides while Parliament gives a non-binding opinion first. The Committee on Budgets handled it under the subjects of indirect taxation, VAT and excise duties, and financing of the budget and own resources. The tabled amendments cite Parliament's earlier resolutions on the future of own resources and the Multiannual Financial Framework, welcome the Commission's proposals on reforming the own-resources system including a financial transaction tax and a new EU VAT, and hold that a VAT agreement must be concluded together with the MFF. A further amendment proposes that a CO2 footprint tax be considered as a possible own resource in addition to the new VAT resource.