
Country Profile: France
Tax to GDP ratio : 45,774%
Financial transactions :
- The current tax rate is 0.4% for French equity trades and 0.01% on high frequency trading
Aviation: Yes Tax in place
- Civil aviation tax: 4.63 for flights to EEA airports
- Air passenger solidarity tax:
- €2.63 for economy passengers on flights to EEA airports (including France domestic) and Switzerland
- €20.27 for premium passengers on flights to EEA airports (including France domestic) and Switzerland
- Airport tax:
- €4.57 (single)
- €9.15 (return)
- VAT on domestic aviation: 10%
- Civil aviation tax:
- €4.63 for flights to EEA airports
- €8.32 for flights to other destinations
- Air passenger solidarity tax:
- €2.63 for economy passengers on flights to EEA airports and Switzerland
- €20.27 for premium passengers on flights to EEA airports and Switzerland
- €7.51 for economy passengers on flights to other destinations
- €63.07 for premium passengers on flights to other destinations
- Beneficiary of aviation tax:
- The revenues of the Civil Aviation Tax accrue to the “Air Control and Operations” budget and the general state budget. The shares of the revenues of the tax that are allocated to the respective budgets are determined by the Finance Act.
- Revenues from solidarity levy go to the solidarity fund for development, providing aid to developing countries.
Carbon Price: Yes Carbon pricing instrument in place
- Instruments: National Carbon tax, Regional ETS
- Emissions covered: 0.4%, 0.38%
- Price: €44.60 (US$47.94), €57.03 (US$61.30)
- Revenue: €7,700 million (US$8,374 million), €43,558 million (US$47,369 million)
- Sectors covered: Industry, Transport, Buildings, Agriculture, forestry and fishing fuel use, Electricity and heat, Industry, Mining and extractives, Aviation
- Offsetting: Not permitted, Not permitted