New own-resources system by 2014

Members of the European Parliament adopted a report, March 2007, with 458 votes in favour, 117 against and 61 abstentions proposing a reform of the own-resources system which would above all emphasise equality between Member States. There would be a second stage, starting in 2014, based on a yet-to-be-determined system of levies, although this would not be a real 'European tax.

• Primary Source

European Commission: DG Budget: Financial Programming and Budget: EU Budget in detail: Financing the budget http://ec.europa.eu/budget/budget_detail/financing_en.htm

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