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

Source

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

Source

fr_FRFrench