- ECOFIN discussed new own resources for the EU budget, including ETS-based resource, CBAM, electronic waste levy, TEDOR, and CORE.
- The ETS own resource faced strong opposition from Czech Republic, Poland, and Germany due to competitiveness and revenue concerns; Austria and Romania expressed conditional or cautionary support.
- CBAM received broad support as essential for climate financing, with France and Poland backing it and France calling for simplification.
- The electronic waste levy had mixed support, with concerns over data quality and administrative complexity.
- TEDOR and CORE proposals were highly contentious, with many member states opposing them due to fiscal sovereignty and competitiveness concerns.
- Customs-related proposals and cross-cutting issues like fiscal responsibility, transparency, and administrative burden were also debated, with divided opinions among member states.
Source: taxathand.com
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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