Norway Royal Salmon Won’t Dare to Expand, Invest in Norway Due to Tax Proposal
Norway Royal Salmon (NRS), one of the major salmon farmers in Norway, announced it would cancel its purchase of 370 metric tons of maximum permitted biomass for a total value of NOK 62 million ($6 million).
SeafoodNews covered the proposed resource tax on salmon and trout farming in Norway, which led to a lengthy list of the regions aquaculture companies, including Mowi, Cermaq and others, to either cancel additional biomass purchases and halt expansion and investments in the country...
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