Revenue Capacity of the EU: Taxes, Tax Sharing, and Resource Pooling
Autor(a) principal: | |
---|---|
Data de Publicação: | 2023 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | https://doi.org/10.17645/pag.v11i4.7240 |
Resumo: | This article analyses the revenue capacity at the “centre” of the EU. It first outlines major elements (“segments”) of EU “federal” fiscal capacity, both on the revenue and expenditure side, as well as on- and off-budget. It provides a new typology of taxes in a multi-level setting, based on tax ownership and decision-making on tax bases and/or rates. It then enters the so-called EU budgetary galaxy and (a) analyses how the centre utilises different types of revenue capacity and (b) discusses if the so-called “own resources” have tax features. The article finds that these own resources, to a large extent, de facto constitute taxing power, that the EU significantly uses off-budget borrowing capacity (through the European Investment Bank and the European Commission) and that the EU has a variety of schemes that offer revenue capacity to the centre, through the pooling of resources (transfers, guarantees) by its member states and by third countries. The way in which a large portion of the Next Generation EU resources have been channelled into the EU budget (by means of externally assigned revenue) completes the image of a centre with fiscal capacity, rather than an entity that spends but has no true fiscal powers. |
id |
RCAP_8f3745993da35f3fb0863c2ed6f0276a |
---|---|
oai_identifier_str |
oai:ojs.cogitatiopress.com:article/7240 |
network_acronym_str |
RCAP |
network_name_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository_id_str |
7160 |
spelling |
Revenue Capacity of the EU: Taxes, Tax Sharing, and Resource PoolingEU budget; EU finances; fiscal autonomy; fiscal capacity; fiscal integration; Next Generation EU; own resources; revenue capacity; tax sharingThis article analyses the revenue capacity at the “centre” of the EU. It first outlines major elements (“segments”) of EU “federal” fiscal capacity, both on the revenue and expenditure side, as well as on- and off-budget. It provides a new typology of taxes in a multi-level setting, based on tax ownership and decision-making on tax bases and/or rates. It then enters the so-called EU budgetary galaxy and (a) analyses how the centre utilises different types of revenue capacity and (b) discusses if the so-called “own resources” have tax features. The article finds that these own resources, to a large extent, de facto constitute taxing power, that the EU significantly uses off-budget borrowing capacity (through the European Investment Bank and the European Commission) and that the EU has a variety of schemes that offer revenue capacity to the centre, through the pooling of resources (transfers, guarantees) by its member states and by third countries. The way in which a large portion of the Next Generation EU resources have been channelled into the EU budget (by means of externally assigned revenue) completes the image of a centre with fiscal capacity, rather than an entity that spends but has no true fiscal powers.Cogitatio Press2023-10-27info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://doi.org/10.17645/pag.v11i4.7240https://doi.org/10.17645/pag.v11i4.7240Politics and Governance; Vol 11, No 4 (2023): Comparative Fiscal Federalism and the Post-Covid EU: Between Debt Rules and Borrowing Power; 6-162183-246310.17645/pag.i373reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAPenghttps://www.cogitatiopress.com/politicsandgovernance/article/view/7240https://www.cogitatiopress.com/politicsandgovernance/article/view/7240/3481Copyright (c) 2023 Nico Groenendijkinfo:eu-repo/semantics/openAccessGroenendijk, Nico2023-11-23T15:15:21Zoai:ojs.cogitatiopress.com:article/7240Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T21:26:32.947186Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Revenue Capacity of the EU: Taxes, Tax Sharing, and Resource Pooling |
title |
Revenue Capacity of the EU: Taxes, Tax Sharing, and Resource Pooling |
spellingShingle |
Revenue Capacity of the EU: Taxes, Tax Sharing, and Resource Pooling Groenendijk, Nico EU budget; EU finances; fiscal autonomy; fiscal capacity; fiscal integration; Next Generation EU; own resources; revenue capacity; tax sharing |
title_short |
Revenue Capacity of the EU: Taxes, Tax Sharing, and Resource Pooling |
title_full |
Revenue Capacity of the EU: Taxes, Tax Sharing, and Resource Pooling |
title_fullStr |
Revenue Capacity of the EU: Taxes, Tax Sharing, and Resource Pooling |
title_full_unstemmed |
Revenue Capacity of the EU: Taxes, Tax Sharing, and Resource Pooling |
title_sort |
Revenue Capacity of the EU: Taxes, Tax Sharing, and Resource Pooling |
author |
Groenendijk, Nico |
author_facet |
Groenendijk, Nico |
author_role |
author |
dc.contributor.author.fl_str_mv |
Groenendijk, Nico |
dc.subject.por.fl_str_mv |
EU budget; EU finances; fiscal autonomy; fiscal capacity; fiscal integration; Next Generation EU; own resources; revenue capacity; tax sharing |
topic |
EU budget; EU finances; fiscal autonomy; fiscal capacity; fiscal integration; Next Generation EU; own resources; revenue capacity; tax sharing |
description |
This article analyses the revenue capacity at the “centre” of the EU. It first outlines major elements (“segments”) of EU “federal” fiscal capacity, both on the revenue and expenditure side, as well as on- and off-budget. It provides a new typology of taxes in a multi-level setting, based on tax ownership and decision-making on tax bases and/or rates. It then enters the so-called EU budgetary galaxy and (a) analyses how the centre utilises different types of revenue capacity and (b) discusses if the so-called “own resources” have tax features. The article finds that these own resources, to a large extent, de facto constitute taxing power, that the EU significantly uses off-budget borrowing capacity (through the European Investment Bank and the European Commission) and that the EU has a variety of schemes that offer revenue capacity to the centre, through the pooling of resources (transfers, guarantees) by its member states and by third countries. The way in which a large portion of the Next Generation EU resources have been channelled into the EU budget (by means of externally assigned revenue) completes the image of a centre with fiscal capacity, rather than an entity that spends but has no true fiscal powers. |
publishDate |
2023 |
dc.date.none.fl_str_mv |
2023-10-27 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://doi.org/10.17645/pag.v11i4.7240 https://doi.org/10.17645/pag.v11i4.7240 |
url |
https://doi.org/10.17645/pag.v11i4.7240 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
https://www.cogitatiopress.com/politicsandgovernance/article/view/7240 https://www.cogitatiopress.com/politicsandgovernance/article/view/7240/3481 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2023 Nico Groenendijk info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2023 Nico Groenendijk |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Cogitatio Press |
publisher.none.fl_str_mv |
Cogitatio Press |
dc.source.none.fl_str_mv |
Politics and Governance; Vol 11, No 4 (2023): Comparative Fiscal Federalism and the Post-Covid EU: Between Debt Rules and Borrowing Power; 6-16 2183-2463 10.17645/pag.i373 reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
|
_version_ |
1799134146824503296 |