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Norwegian Government Proposes 35% Resource Rent Tax on Aquaculture

|Proposed Changes|Norway
Norway

The Norwegian government has issued a release on a proposal for the introduction of a 35% resource rent tax on aquaculture (fish farming). The primary features of the proposal are summarized in the release as follows:

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The primary features of the Government's proposal

The design of the resource rent tax:

  • The tax will be structured as a cash-flow-tax with immediate deductions for inves…

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