selection

community tax

This tag is associated with 3 posts

The EU Own Resources

Article 311 TFEU stipulates that the EU budget should be financed wholly with own EU resources. These resources can be defined as revenue streams directly assigned to the EU without the need for any additional decision from the Member States. In practice however, the major part of EU revenues consists of contributions by the Member … Continue reading

Own resources of the European Union

6 language versions available in PDF format Eigenmittel der Europäischen Union Los recursos propios de la Unión Europea Ressources propres de l’Union européenne Le Risorse proprie dell’Unione europea Zasoby własne Unii Europejskiej Own resources of the European Union The “own resources system” ensures the financing of EU’s policies. While the European Council of February 2013 … Continue reading

Protecting the financial interests of the Union. The role of administrative investigations

The European Anti-fraud Office (OLAF) is the EU body responsible for administrative investigations to fight illegal activities detrimental to the EU’s financial interests. Since its creation in 1999, OLAF has completed 3 500 investigations, which have led to the recovery of EU resources worth €1.1 billion (excluding financial penalties). A proposal to reform OLAF is currently … Continue reading

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