'There is less uncertainty now': Winners emerging after Norway revises salmon farming tax proposal

The Norwegian government’s decision to change how it will calculate taxes as part of its proposed 40 percent tax hike on the country's aquaculture companies is likely to improve the fixed-price salmon supply contract market, two analysts said.

Earlier this month, the Norwegian government said the salmon tax will be based on the actual price for which salmon farmers sell their products during 2023, rather than Nasdaq’s average spot price for salmon as first proposed in September.

There is less uncertainty now, and it will be easier to enter into contracts both internally and with external parties, Pareto seafood analyst Carl-Emil Kjolas Johannessen and Nordea analystHerman Dahl told IntraFish.