The Next Multiannual Financial Framework (MFF), its Structure and the Own Resources

Abstract

The EU budget is facing numerous long-term challenges, which are not adequately addressed, neither on the expenditure nor on the revenue side. Regardless of the future EU integration scenario, a fundamental overhaul of the MFF is required. EU expenditure should provide more European added value. Tax-based own resources partially replacing current own resources have the potential to reduce sustainability gaps within Member States' tax regimes as well as to alleviate the juste retour problem. ; This Working Paper is based on the in-depth analysis on behalf of the European Commission's Policy Department for Budgetary Affairs following the request of the Committee on Budgets of the European Parliament.