- Draft Amending Budget 6/2014, COM(2014) 649 – 17 October 2014,
- Amending Letter to DAB 6/2014, COM(2014) 730 – 4 December 2014
Council's position: 12 December 2014
Parliament's position: 17 December 2014
Draft Amending Budget (AB) No 5 for the year 2014 concerns the following:
- An increase of the forecast of Traditional Own Resources (customs duties) amounting to EUR 420 million.
- The annual adjustment of balances based on VAT for the previous financial years amounting to EUR -80,7 million; and
- The annual adjustment of balances based on gross national income/product for the previous financial years amounting to EUR 4 176,1 million.
The overall impact in terms of revenue, is a decrease in the requirements for Own Resources of EUR 4 515,4 million. In addition, the distribution by Member State is adjusted.