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Norway will implement new rules for taxation of large multinational enterprises
24/11/2023 Press release Ministry of FinanceToday the Government put forward a Bill to the Norwegian parliament to implement internationally agreed rules on global minimum tax. This will deter profit shifting and ensure large business groups pay at least 15 per cent tax on their profits. The
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The National Budget 2024: A budget to safeguard Norwegian households
06/10/2023 Press release Ministry of FinanceThe budget for 2024 provides security and opportunity for people and businesses throughout Norway. There are expenditure increases in several areas due to war in Europe, a record number of refugees and higher prices. The Government’s priorities are
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Prop. 2 LS (2023–2024) - Resource rent tax on onshore wind power
06/10/2023 Proposition Ministry of Finance -
The National Budget 2024: The Government will introduce a resource rent tax on onshore wind power from 2024
06/10/2023 Press release Ministry of Finance, Office of the Prime MinisterThe Government is today presenting a modified bill for the introduction of a resource rent tax on onshore wind power from 2024. The proposal will ensure that a larger share of the value added in the wind power industry will accrue to society as a
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Revised National Budget: A responsible budget that provides security for people throughout Norway
11/05/2023 Press release Ministry of FinanceIn the revised budget, the government will prioritise crucial public services such as healthcare, the police and refugees. Providers of public services and benefit recipients will receive compensation for wage growth and inflation. The government
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Revised National Budget: Postponed implementation of resource rent tax on onshore wind power
11/05/2023 Press release Ministry of FinanceThe Government wants a larger share of the value which is created from the country’s common natural resources to benefit local communities, municipalities and society as a whole. The Government notified its intention to propose a resource rent tax
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Prop. 78 LS (2022–2023) - Resource rent tax on aquaculture
28/03/2023 Proposition Ministry of Finance -
The Norwegian Government’s proposed resource rent tax on aquaculture
28/03/2023 Press release Office of the Prime Minister, Ministry of FinanceThe Government will today present a bill proposing a resource rent tax on aquaculture. The intention of the proposal is to ensure that local communities along the coast and society as a whole receive a greater share of the value that is created by