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Norway Committed to Reducing Corporate Tax and Wealth Tax

|Proposed Changes|Norway
Norway

In a recent speech given at the Norwegian Shipowners’ Association Annual Conference, Minister of Finance Siv Jensen stated that the government is committed to lowering the corporate tax level in order to close some of the gap between Norway and neighboring countries. Jensen also stated that it is important for the government to reduce the wealth tax to strengthen local private ownership (wealth tax generally only applies to individuals).

Click the following link for the full speech.

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