Brief: Cloudberry Clean Energy Updates On Tax Proposal For Norwegian On-Shore Wind
13/12/2023 08:18
Dec 13 (Reuters) - Cloudberry Clean Energy ASA
CLOUD.OL :
* UPDATE ON TAX PROPOSAL FOR NORWEGIAN ON-SHORE WIND
* RESOURCE RENT TAX FOR NORWEGIAN ONSHORE WIND IS LOWERED
FROM AN
ORIGINAL EFFECTIVE TAX RATE OF 40% TO 25%.
* TAX REPRESENTS POSITIVE DEVELOPMENT, WHICH SHOULD MAKE
RESOURCE
TAX CLOSE TO INVESTMENT NEUTRAL FOR NEW PROJECTS
Source text for Eikon: ID:nWkr5rNp0F
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