Tax statistics. Shipping companies

2   Taxable income and assesed taxes for joint-stock companies assesed according to sections 8-10 to 8-19 of the Taxation Act. 1996-2000. Thousand kroner
  1996 1997 1998 1999 2000
  Number of companies with amount Amout thousand kroner Number of companies with amount Amout thousand kroner Number of companies with amount Amout thousand kroner Number of companies with amount Amout thousand kroner Number of companies with amount Amout thousand kroner
Taxable income                    
Positive net financial income 63 79 581 174 314 381 186 385 862 164 437 279 206 709 427
Of this allowance for high equity 38 22 477 136 129 138 140 85 027 100 127 867 141 171 972
+ Taxable dividend income 5 4 415 22 137 789 35 123 594 33 88 221 25 137 840
+ Other taxable income 10 29 764 26 28 520 5 2 197 .. .. .. 471
= Total taxable income 76 113 759 204 480 690 203 511 653 181 525 500 213 847 738
                     
Assessed taxes                    
Income tax to municipal and county1 76 8 247 204 32 446 . . . . . .
+ Community tax 76 23 605 204 102 145 203 143 261 181 147 138 213 237 364
+ Tonnage tax2 120 16 659 385 44 724 368 83 300 329 77 583 286 138 722
= Total tax before deduction for taxes on received dividend 158 48 511 492 179 315 472 226 560 425 224 721 417 376 086
Deduction for taxes on received dividend3 9 6 614 18 5 862 16 15 000 27 18 489 24 74 123
Total tax after dedection for taxes on received dividend 158 41 897 491 173 453 471 211 560 425 206 232 416 301 963
1  Income tax to municipal and county ceased from fiscal year 1998.
2  Commencing from fiscal year 2000 the tonnage tax is reduced for those vessels that have an environmental declaration. For vessels the joint-stock companies owns directly, the environmental reduction represented 4 729 000 kroner in fiscal year 2000.
3  Deduction for taxes on received dividend is not deductable for tonnage tax.

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