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The Commission has welcomed the political agreement reached by EU Member States today on new tools to close loopholes in the EU's Value Added Tax (VAT) system.
Tax revenues as a percentage of GDP grew slightly in 2016, according to new Commission study
For the next long-term EU budget 2021-2027, the Commission proposes to almost triple funding for migration and border management to €34.9 billion, as compared to €13 billion in the previous period.