Country Profile: Spain

Tax to GDP ratio: 37.59

Financial Transactions Tax (FTT): Yes – tax in place.

  • The tax rate is set at 0.2%. (on shares)

 

Source: Not specified

Aviation: Yes – tax in place

  • VAT on domestic aviation: 10% (except flights to/from Canary Islands, Ceuta and Melilla)
  • Security tax: €3.63
  • International flights: Not specified
  • Beneficiary of aviation tax: Not specified

Source

Carbon Price: Yes – Carbon pricing instrument in place

  • Instruments: National Carbon tax, Regional ETS
  • % of emissions covered: 0.019, 0.38
  • Price: €15 (US$16.12), €57.03 (US$61.30)
  • Revenue: €95 million (US$103 million), €43,558 million (US$47,369 million)
  • Sectors covered: Industry, Electricity and heat, Industry, Mining and extractives, Aviation
  • Offsetting: Not permitted, Not permitted

 

Source

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