Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-23-Speech-2-227-937"
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"en.20121023.13.2-227-937"2
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"I voted for the resolution on the proposal for a regulation on the methods and procedure for making available the own resource based on the value added tax as the objective is to simplify the method for calculating national contributions, thus reducing administrative costs and ensuring greater transparency.
The new calculation method uses actual VAT receipt figures as a starting point. To achieve greater simplicity and transparency, the regulation proposes that the Commission establish a uniform percentage at EU level, from VAT accruing from supplies of goods and services by final consumption that are subject to a standard rate in each Member State. The resulting value of the ‘assumed VAT receipts’ is then divided by the actual standard rate applied in the country to give the VAT own resources base. Once this has been calculated, the actual contribution is calculated by applying a percentage that is set out in the implementing Council Regulation on own resources."@en1
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