Background & Purpose

The EU budget is funded mainly through contributions from member states. The European Commission proposed adding three new funding sources to help pay off debts from the pandemic recovery package.

Proposals & Debate

The Commission's proposal involved creating new revenue streams based on emission allowances, carbon border adjustments, and corporate profits. The Swedish parliament reviewed this against the principle that decisions should be made as close to citizens as possible.

The Decision

The Swedish parliament decided to object to the Commission's proposal through a reasoned opinion, stating it goes too far and transfers taxation rights to the EU level.

Does this affect you?

  • Swedish taxpayers: Affected by potential future shifts in how EU funding is collected and financed through national contributions.
  • Swedish companies: Potentially impacted by future EU-level revenue rules tied to emission allowances and corporate statistics.

In Practice

  • The Swedish parliament sends a formal reasoned opinion to the EU institutions.
  • Sweden maintains its stance against transferring national taxation powers to the EU.
  • The parliament highlights concerns about legislating on unfinished proposals.