Norway to hike taxes on power producers, fish farming by $3 bln (updated)

Leroy Seafood ASA

28/09/2022 07:44

(Adds quote, detail)
       OSLO, Sept 28 (Reuters) - The Norwegian government plans
to raise taxes on electricity producers and fish farmers, giving
a total extra income for the government of some 33 billion
crowns ($3.03 billion) per year, the finance ministry said on
Wednesday.
        The extra taxes impose a resource rent tax on
aquaculture and wind power, an increase in the resource rent tax
on hydropower and an extraordinary tax on wind and hydropower
due to the very high electricity prices.
  
        "Energy producers and the aquaculture industry make
billions of crowns on our common resources," the finance
ministry said. "The government is now proposing that more of the
value created should go back to society."
  
    ($1 = 10.8822 Norwegian crowns)
 (Reporting by Terje Solsvik, editing by Gwladys Fouche)
 ((terje.solsvik@thomsonreuters.com; +47 918 666 70))