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Norway plans to tighten taxes on the oil and gas sector

 Last Update: 2022-10-19
 Source: Internet
 Author: User

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1 4 butanediol

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Recently, the Norwegian government announced that Norway will raise taxes on the oil and gas industry by 2 billion kroner (about $191 million)
from 2023.
At the same time, some of the support measures taken during the coronavirus pandemic will be terminated
.

It is said that the Norwegian government will adjust
the provisional rules in light of the increase in oil and gas prices.
By 2023, the Norwegian special tax credit "increase" will be reduced from 17.
69% to 12.
4%.

While cutting spending on government funds in 2023, the government is raising taxes to combat inflation
.
In 2023, Norway will withdraw 316.
8 billion kroner from government funds, down from 335.
1 billion kroner
in 2022.

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