The Netherlands will pay the surcharge for the European Union (EU) budget after Finance Minister Jeroen Dijsselbloem on Thurday concluded the European Commission's calculations were correct.

Due to a new method of calculating the Gross National Income (GNI) dating back to 2002, the Netherlands received an additional bill of 642 million euros (about 800 million U.S. dollars) for the EU budget last month. The bill had to be paid before Dec. 1, but the Dutch government immediately said it would only pay if the calculations were correct, especially in relation to the figures of other member states.

Dijsselbloem requested the report issued by European statistic agency Eurostat, which calculated the GNI to establish the surcharge in cooperation with national statistical bureaus. He received the report on Wednesday.

"The Eurostat report provides insight into the origin of the GNI movements of individual member states and the breakdown according to different causes," he concluded in the letter to the Dutch parliament on Thursday. "Clarity is obtained in the underlying causes of the large differences in EU surcharges for individual member states. Based on this information, I conclude that the calculation made by the Commission of the payments of GNI-based contributions to the European Union is correct."

Dijsselbloem didn't mention to what extent the Netherlands would make use of the option to pay the additional tax through installments. At a meeting in Brussels last Friday, the European finance ministers reached a solution for the additional payments and moved the deadline from Dec. 1, 2014 to Sept. 1, 2015.