Control Challenges in the EU's Own Resources System

Briefing 15-04-2015

Background document for the Budgetary Control and Budgets committees' joint hearing on "Control challenges in the EU's own resources system" held on 5 May 2015. This briefing defines and presents the EU budget financing system and highlights discrepancies between Member States. It then discusses key-issues on the GNI-based own resource and the VAT-based own resource.