Finance

For the first time, Norway's salmon farmers report their ground rent tax. The figures are surprising.

For most large salmon farmers, the calculated ground rent tax is well below the level of 25 percent presented by the government.

Employees in the aquaculture industry took a trip to Oslo last autumn, where they had a demonstration against ground rent tax in front of the Storting. After a long tug-of-war, the tax was cut from the proposed 40 per cent to 25 per cent - but companies now report a much lower effective tax rate.
Employees in the aquaculture industry took a trip to Oslo last autumn, where they had a demonstration against ground rent tax in front of the Storting. After a long tug-of-war, the tax was cut from the proposed 40 per cent to 25 per cent - but companies now report a much lower effective tax rate.Foto: David Engmo
Published 27 November 2023, 09:23Updated 27 November 2023, 14:20
Farmed salmonNorway salmon farming taxTaxMowiGrieg Seafood