• The EU Corporate Own Resources Proposal: Effects and Challenges is being looked at

    The EU Corporate Own Resources Proposal: Effects and Challenges is being looked at

    In June, the European Commission suggested a new source of revenue as part of its second basket of own resources: a 'temporary statistical own resource based on company profits.' This is an effort to help the EU's budget while it pays off its debt. Previous ideas for new EU own resources have focused on narrower tax bases, such as a financial transaction tax (FTT), digital levies (DSTs), or taxes on crypto activities.