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Government announces tax plans for 2014 – details

|Proposed Changes|Norway
Norway

On 5 May 2013, the government published a press release (No. 18/2013) which outlines the tax plans for 2014. The measures were also mentioned on the revised Budget for 2013, presented on 7 May 2013. The most important plans are:

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-   reduction of the corporate income tax rate to 27% (currently 28%);
-   increase of the petroleum tax to 51% (currently 50%);

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