The salmon tax officially adopted by the Norwegian parliament

Salmon

Seafood

Norway

Published Jun 2, 2023

Tridge summary

This Wednesday, May 31, saw the conclusion of eight months of debate and procrastination: the Norwegian parliament adopted the salmon tax by 93 votes against 76, after more than four hours of debate. The government's initial plan was for a 40% tax aimed at making producers pay for their profits on the common good of nature and the fjords, but it was on the figure of 25% that the debates stopped, according to Intrafish media. The minimum threshold of a tax amount of NOK 70 million (5.9 million euros) remains unchanged compared to the initial government project. The news is of course coldly received by Norwegian producers. Geir Ove Ystmark, CEO of Seafood Norway, makes a terse statement: “The model is bureaucratic and the tax is retroactive. Ivan Vindheim, CEO of Mowi, says that “the tax burden has more than doubled since last year, this is neither sustainable nor forward-looking”.

Original content

This Wednesday, May 31, saw the conclusion of eight months of debate and procrastination: the Norwegian parliament adopted the salmon tax by 93 votes against 76, after more than four hours of debate. The government's initial plan was for a 40% tax aimed at making producers pay for their profits on the common good of nature and the fjords, but it was on the figure of 25% that the debates stopped, according to Intrafish media. The minimum threshold of a tax amount of NOK 70 million (5.9 million euros) remains unchanged compared to the initial government project. The news is of course received coldly by the Norwegian producers. Geir Ove Ystmark, CEO of Seafood Norway, makes a terse statement: “The model is bureaucratic and the tax is retroactive. Ivan Vindheim, CEO of Mowi, says that “the tax burden has more than doubled since last year, this is ...

Source: Pdm-seafoodmag