On 12 October 2017, the Norwegian government presented the National Budget 2018. The main tax-related measures include:

• Reducing the corporate tax rate from 24% to 23%, while maintaining the 25% rate for the financial sector;
• Increasing the special petroleum income tax from 54% to 55%, while reducing the rate of uplift (investment-based extra depreciation) from 5.4% to 5.3%;
• Increasing the tax…