Norway's Resource Rent Tax on Aquaculture Passed By Parliament
On Thursday the Norwegian Parliament officially passed the additional resource rent tax on aquaculture in Norway.
As SeafoodNews reported late last week, a new agreement had finally been made lowering the resource rent tax in Norway to 25%. The initial proposal had been at 40% before being lowered to 35% earlier this year.
“After a long process, we are now ensuring that the Storting [parliament] adopts the principle of ground rent in aquaculture,” Geir Pollestaf of the Centre Party said in a press release at the time. “The parties to the...
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