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This is an archived release.
Further decline in petroleum tax payments
By the end of October 2015, a total of NOK 666 billion had been paid in taxes in Norway. This is NOK 29 billion, or 4.2 per cent, less than at the end of October 2014. As in previous months, the decline in total tax payments is due to reduced petroleum tax payments.
Distributed taxes. Accumulated figures so far this year | Change in per cent compared to same period previous year | |||
---|---|---|---|---|
October 2014 | October 2015 | October 2014 | October 2015 | |
Distributed taxes, total | 695 368 | 666 014 | -3.2 | -4.2 |
Ordinary taxes on income and wealth, central government | 23 758 | 23 264 | -5.0 | -2.1 |
Ordinary taxes on extraction of petroleum | 56 979 | 39 711 | -17.0 | -30.3 |
Special income tax on extraction of petroleum | 93 071 | 64 732 | -18.2 | -30.4 |
Tax equalization contributions to the central government | 164 915 | 164 919 | -2.0 | 0.0 |
Ordinary taxes to county authorities (incl. Oslo) | 22 652 | 23 758 | 3.1 | 4.9 |
Ordinary taxes to municipalities | 105 337 | 110 819 | 1.8 | 5.2 |
Member contributions to the National Insurance Scheme | 96 060 | 103 773 | 6.9 | 8.0 |
Employer contributions to the National Insurance Scheme | 129 121 | 134 084 | 3.6 | 3.8 |
Taxes on dividends to foreign shareholders | 3 475 | 953 | 30.1 | -72.6 |
The ordinary and special tax on extraction of petroleum totalled NOK 104 billion from January-October 2015. This is a decrease of NOK 46 billion, or 30.4 per cent, compared to the corresponding period of 2014. Non-petroleum related taxes paid through the non-personal arrangement have decreased by 4.2 per cent since last year.
Excluding the petroleum tax revenues, the tax payments so far this year have increased by 3 per cent compared to the same period last year. NOK 510 billion has been paid through the advance tax arrangement. This is NOK 22 billion, or 4.5 per cent, more than in the corresponding period last year. On the other hand, non-petroleum related taxes paid through the non-personal arrangement have decreased by 10.2 per cent since last year, which has curbed the increase.
Taxes on dividends to foreign shareholders adjustedOpen and readClose
From January 2015, the sum of taxes on dividends to foreign shareholders is adjusted to account for repayments to shareholders exempted from this tax. So far this year, the sum of repayments is about NOK 1.5 billion.
Contact
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June Solås
E-mail: june.solas@ssb.no
tel.: (+47) 98 87 46 76
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Bjørn Gran-Henriksen
E-mail: bjorn.gran-henriksen@ssb.no
tel.: (+47) 41 40 20 71