- Member states contribute to the EU budget through the EU’s own resources system
- The payment consists of several components:
- A contribution based on value added tax (VAT)
- A contribution based on gross national income
- A contribution based on traditional own resources such as customs duties and certain agricultural payments
- A contribution based on plastic waste
- The VAT-based contribution is calculated as a percentage of each member state’s harmonized VAT base
- Since 2007, the general contribution rate has been 0.3% of each member state’s VAT base calculated according to EU rules.
Source: vm.fi
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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