The Norwegian government has issued a release on a proposal for the introduction of a 35% resource rent tax on aquaculture (fish farming). The primary features of the proposal are summarized in the release as follows: --- The primary features of the Government's proposal The design of the resource rent tax: The tax will be structured as a cash-flow-tax with immediate deductions for investments that are only used during the sea phase. The effective tax rate shall be set at 35 per cent, i.e. lower than the 40 per cent tax rate in the consultation proposal. Deductions will be granted...