Norway’s Price Council For Aquaculture Provides Update on Resource Rent Tax
Norway’s Price Council for Aquaculture released an update on the Resource Rent Tax, confirming that come July 1, 2024, the Price Council “can set tax settlement prices in connection with the ground rent tax.” The Council also revealed that they have launched a price assessment form in an effort to speed up information collection in order to be able to set prices
To quickly backtrack, the Storting introduced a ground rent tax for aquaculture in May 2023, setting an effective tax rate of...
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