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Norway Planning to Introduce Production Tax on the Aquaculture Industry

|Proposed Changes|Norway
Norway

The Norwegian government has announced plans for the introduction of a production tax on the aquaculture industry as part of the National Budget for 2021.

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Production tax on the aquaculture industry ensures stable and predictable revenues for the host municipalities

Press release | Date: 12/05/2020 | No: 38/2020

The Government proposes to introduce a production tax on farmed salmon, trout and rainbow trout in the National Budget for 2021. The revenues from the production tax shall be …

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