Norway Is Proposing A New Tax For Offshore Fish Farms; Here’s What You Need To Know
Last year Norway’s government introduced a resource tax rate on aquaculture. Now, in 2024, a new tax is being introduced for offshore fish farms.
On April 2 the Ministry of Finance held a hearing on the “authority to tax foreign companies’ and employees’ income and assets related to aquaculture etc. in the economic zone and on the continental shelf.”
According to a hearing report, the country’s current tax law has “no authority to tax foreign persons and companies that have...
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