More content from the ministry

Notification - excise duty on waste incineration - exemption for undertakings covered by the ETS

Notification - excise duty on waste incineration - exemption for undertakings covered by the ETS

On the public consultation on Capital Markets Union from the Norwegian Ministry of Finance

Reference is made to the Green Paper on Building a Capital Markets Union (CMUGreen Paper) dated 18 February 2015. The Norwegian Ministry of Finance supports the initiative of the Commission to create a more integrated capital market across European

Financing change: Norway’s experience in sharing wealth

Taxing the riches of nature: sharing in the prosperity from national resources

By Minister of Finance Trygve Slagsvold Vedum At a business event 24 July in Rio de Janeiro, Brazil, prior to G20 Finance Ministers meeting

Response from Norway to the Reasoned Opinion on the Norwegian Reporting Obligation when hiring non-resident contractors

The Ministry of Finance's response to ESAs reasoned opinion on the Norwegian reporting obligations.

IHA Sustainability Protocol Audit Assessment of Dahuashui Hydropower Project

Draft report

Under agreement with the Ministry of Petroleum and Energy, NVE has been asked by the Ministry of Finance to make an assessment and audit of the sustainability of the Dahuashui Hydropower Project in China according to the International Hydropower

Complaints against Norway relating to reporting obligations when contracts are given to non-resident contractors

The Norwegian Tax Assessment Act (TAA) § 5-6 and Regulation on Third Party Reporting Obligation ("Third Party Regulation") § 5-6-1- to § 5-6-6.

Response to the European Commission’s Consultation on the Review of the EU Macro-Prudential Policy Framework

The Norwegian Ministry of Finance, Finanstilsynet and Norges Bank welcome the opportunity to provide a common feedback on the EU macroprudential policy framework.

Profits from natural resources will be better distributed

Energy producers and the aquaculture industry make billions of kroner on our common resources. The Government is now proposing that more of the value created should go back to society.

Revised National Budget: Key figures in the Revised National Budget 2022

To secure equal access to information that might be market sensitive, the Ministry of Finance publishes selected key figures prior to launching the Revised National Budget at 10:45 a.m. More detailed estimates will be published with the Revised

Security in a new security policy landscape

The war in Ukraine has dramatically changed the security policy landscape in Europe. The Government is proposing a number of immediate measures in response to the new situation.

Resource rent tax on onshore wind energy

The government proposes the introduction of resource rent tax on onshore wind energy as from 2023. The proposal will be referred for public consultation before the end of the year, and involves the taxation of resource rent at an effective rate of

Norway to continue as guest country in G20

On Tuesday, 3 December, South Africa announced that Norway will continue to participate as a G20 guest country under the South African G20 Presidency. Norway had status as a guest country in 2024 under the Brazilian presidency.

Revised National Budget: A responsible budget that provides security for people throughout Norway

In 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

Meld. St. 31 (2020–2021) - Financial Markets Report 2021

Meld. St. 31 (2020–2021) Report to the Storting (white paper) Summary

Ambitious offshore wind initiative

Today, the Government is presenting a major initiative to promote offshore wind power. The aim is to use offshore wind power to generate new electricity on a par with the total amount of electricity currently produced in Norway. The initiative will

High-price contribution on wind and hydropower

The Government is proposing to introduce a high-price contribution, with the rate set at 23 per cent of the electricity price in excess of NOK 0.70 per kWh. The contribution is designed as an excise duty payable to the treasury. The tax will be

Adjustment of local and county authorities’ general grant

The Government proposes a one-year deduction in the general grant to local and county authorities with income from licence power. The proposal applies to local and county authorities in the areas with the highest electricity prices.

The National Budget 2023: Adjusting the tax rules for the petroleum sector

Oil and gas prices have increased significantly since the introduction of the temporary tax rules for the petroleum sector in 2020. As a result of this, the Government will now be adjusting these rules.

Strengthening climate risk efforts in the Government Pension Fund Global

The Government will strengthen the efforts on climate risk in the Government Pension Fund Global (GPFG). The changes proposed in the white paper The Government Pension Fund 2022 are largely in line with the recommendations in the expert report

Responsible long-term management of the Government Pension Fund

The Ministry of Finance is today publishing the white paper The Government Pension Fund 2022. Key topics in this paper are climate risk and the review of active management of the Government Pension Fund Global (GPFG).