Suggested changes of system of financing the EU budget: conclusions for Poland

Against the background of the present system of financing the EU budget, proposals of two new taxes presented by the European Commission in the framework of the Multiannual financial framework 2014-2020 were discussed: the modified resource based on VAT (the so called new VAT) and a new proposal of the financial transactions tax (FTT). Both tax proposals were assessed from the point of view of theoretical criteria of an optimal financing of the budget. Next, Poland’s position on those two proposals was presented. Concluding remarks stress that both, from the point of view of the EU budget and of Polish interests, FTT would be a better budgetary resource.