Fish

Norwegian parliament approves salmon farming tax

The Norwegian parliament has officially approved the aquaculture tax proposal of 25% on Wednesday.

Tax_Image by rawpixel on Freepik — Credits: Freepik

June 1, 2023

The Norwegian parliament, the Storting, has officially approved the aquaculture tax proposal of 25% on Wednesday.

Initially proposed at 40% in September 2022, industry representatives said that it will undermine price competitiveness and economic growth. The new tax decision applies for Norwegian fish farmers from January 1, 2023.

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