Norway’s Socialist Left Party (SV) used a parliamentary question session to ask what the government is doing to make sure its salmon tax proposition is sufficiently robust to prevent companies engaging in tax avoidance.
Norwegian Finance Minister Trygve Slagsvold Vedum defended the government’s new aquaculture tax on Wednesday during a weekly question-and-answer session with the Norwegian Parliament.
In the updated proposal, which was announced earlier this week, the effective tax rate will be set at 35 percent, a reduction from the 40 percent proposed in the initial proposal in September.
During the session, Vedum took feedback from a number of political parties.
“This is an industry with large profits, and we believe, for example, that Mowi should contribute more,” he said.
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