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Austria institutes CO2-based bonus-malus tax system for cars

Austria is also changing its taxing system to "punish" the most polluting cars on the road. The new tax scheme, which is called NoVa-Reform, consists of a bonus-malus system that saves or adds taxes to cars depending on a number of factors. The system results more complicated than the British or the Spanish ones, which rely exclusively on CO2 emissions: Cars emitting under 140 CO2 g/km get a "bonus" or discount from the car tax (300 EUR), but you can gain an additional bonus if you use "alternative fuels and technologies" (500 EUR) or a ... Read more →

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