Funding the European Union

report with evidence, 12th report of session 2006-07

• Author(s): Great Britain: Parliament: House of Lords: European Union Committee,
• Publisher: The Stationery Office
• Pages: 97
• ISBN_10: 0104010363
  ISBN_13: 9780104010365
  
• Language: en
• Categories: Political Science / International Relations / General ,

Description:... This report finds that the funding of the EU is complex and lacks transparency and that there is a need for a simpler system that would reduce the administrative burden. It concludes that a Gross National Income based revenue source is the best way of providing the bulk of the budget's funding. Apart from other considerations, the Committee has seen no evidence that any other new form of taxation would provide the same level of clarity and certainty.