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Austrian government unveils ‘eco’ tax reform



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Under the measures set out at a news conference by Chancellor Sebastian Kurz and several of his cabinet colleagues, Austria will follow the example of neighbouring Germany and introduce a tax on carbon dioxide emissions.
This is to come in from mid-2022 at a level of 30 euros ($35) per tonne, rising to 55 euros by 2025.
In order to offset the added cost of the measures, taxpayers will receive a “climate bonus”.
Reflecting the fact that more people in the countryside rely on cars, this “bonus” will be worth 200 euros annually for those in the most rural areas but only 100 euros for those …

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