How Much Of This Revenue Goes Towards The Eu Budget?

1.	How Much Of This Revenue Goes Towards The Eu Budget?
Answer» VAT is PART of the own RESOURCES of the EU BUDGET, and Member States PAY a small percentage of their total VAT receipts to the EU. Currently, this CONTRIBUTION from Member States is based on rate 0.3% of the national harmonised VAT base, with temporary reduced rates over 2007-2013 of 0.225% for Austria, 0.15% for Germany and 0.1% for the Netherlands and Sweden. In 2010 it represents 14 billion Euro. VAT is part of the own resources of the EU budget, and Member States pay a small percentage of their total VAT receipts to the EU. Currently, this contribution from Member States is based on rate 0.3% of the national harmonised VAT base, with temporary reduced rates over 2007-2013 of 0.225% for Austria, 0.15% for Germany and 0.1% for the Netherlands and Sweden. In 2010 it represents 14 billion Euro.

Answer»

VAT is PART of the own RESOURCES of the EU BUDGET, and Member States PAY a small percentage of their total VAT receipts to the EU. Currently, this CONTRIBUTION from Member States is based on rate 0.3% of the national harmonised VAT base, with temporary reduced rates over 2007-2013 of 0.225% for Austria, 0.15% for Germany and 0.1% for the Netherlands and Sweden.

In 2010 it represents 14 billion Euro.

VAT is part of the own resources of the EU budget, and Member States pay a small percentage of their total VAT receipts to the EU. Currently, this contribution from Member States is based on rate 0.3% of the national harmonised VAT base, with temporary reduced rates over 2007-2013 of 0.225% for Austria, 0.15% for Germany and 0.1% for the Netherlands and Sweden.

In 2010 it represents 14 billion Euro.

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