We use cookies to provide you with the best possible experience. By using Orbitax's services, you agree that we may store cookies on your device. Cookie Policy.
The AI assistant for tax questions
Track worldwide tax law changes daily
Cross-border tax analysis and data
Unify and empower your entity management
Provides compliance steps, forms & rates
Visualize and manage your entity data
Comprehensive compliance management
Audit and global tax controversy tracking
Manage reportable cross-border arrangements
Country-by-country reporting & compliance
Pillar 2 planning, reporting and compliance
Calculate US tax impact of foreign operations
Automated workflows for recurring tax tasks
Secure API connections to 3rd-party systems
Secure storage for your tax documentation
Automated tax workflows with secure APIs.
Collaborate securely on your tax data
Share This Article
|
|
The Norwegian government has published an overview table of the tax rate changes for 2018, which were approved by parliament as part of the 2018 Budget on 12 December 2017. Some of the main changes include: A reduction in the corporate tax rate from 24% to 23%, while the 25% rate for the financial sector is maintained; An increase in the special petroleum income tax from 54% to 55%, with the rate of uplift (investment-based extra depreciation) reduced from 5.4% to 5.3%; An increase in the tax on resource rent from 34.3% to 35.7%; and A reduction in the individual...