
Country Profile: Austria
Tax to GDP ratio: 42.7%
Aviation: Yes – tax in place
Air Transport Levy
- €12 for standard flights
- €30 for short-haul flights under 350 km
Financial Transactions Tax (FTT): No information available
Oil & Gas Revenues:
- Total government revenue from oil & gas in 2022: $0.2 billion
- Share of oil & gas activity covered: 85.7%
Source: PBPR
These figures represents an aggregate of fossil fuel revenues collected through various fiscal instruments, including royalties, taxes, and production entitlements.
Carbon Pricing: Yes – carbon pricing instrument in place
- Instruments: National ETS, Regional ETS
- Emissions covered: 0.403%, 0.38%
- Price: €45 (US$48.37), €57.03 (US$61.30)
- Revenue: €843 million (US$917 million), €43,558 million (US$47,369 million)
- Sectors covered: Electricity and heat, Industry, Mining and extractives, Transport, Aviation, Buildings, Agriculture, forestry and fishing fuel use, Electricity and heat, Industry, Mining and extractives, Aviation
- Offsetting: Not permitted, Not permitted