At the end of September, the Norwegian government announced a resource tax that will apply to the production of salmon and rainbow trout. A cold shower for the profession. What consequences for the market in 2023? The land rent tax for aquaculture farms raising around 33 billion crowns (3.2 billion euros) in additional tax revenue in Norway came into force on January 1 despite the absence of a parliamentary vote. This is not expected before the summer. Professionals are therefore still in the dark about its exact application. In the meantime, in a joint statement at the end of December, AIPCE-CEP, the association of European importers and processors, expressed uncertainty regarding "the regulatory framework for the activities of the industry". As a reminder, this tax would amount to 40% and would be added to those already existing.
Original content
At the end of September, the Norwegian government announced a resource tax that will apply to the production of salmon and rainbow trout. A cold shower for the profession. What consequences for the market in 2023? The land rent tax for aquaculture farms raising around 33 billion crowns (3.2 billion euros) in additional tax revenue in Norway came into force on January 1 despite the absence of a parliamentary vote. This is not expected before the summer. Professionals are therefore still in the dark about its exact application. Meanwhile, in a joint statement at the end of December, AIPCE-CEP, the association of European importers and processors expressed uncertainty regarding "the regulatory framework for the industry's activities". As a reminder, this tax would amount to 40% and would be added to those already existing. According to Norwegian companies, the total tax for aquaculture businesses could reach at least 63%, and for most of them 85-100%. “Both Mowi and the government ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.