
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
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