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259120
Decline in petroleum taxes
statistikk
2016-11-16T08:00:00.000Z
Public sector;Svalbard
en
skatteregn, Tax accounts, tax payments, tax distribution, type of tax, dutiesPublic sector, Tax accounts , Public sector, Svalbard
false
The statistics show tax payments to the central government, municipalities and county authorities. By the end of October 2016, total tax payments were NOK 630 billion.

Tax accounts, October 2016

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Decline in petroleum taxes

Total taxes paid amount to NOK 630 billion at the end of October 2016, which equals a decline of 5.4 per cent from last year.

Tax accounts. Distributed taxes. NOK million and change in per cent.Published 16 November 2016
Distributed taxes. Accumulated figures so far this yearChange in per cent compared to same period previous year
October 2015October 2016October 2015October 2016
Distributed taxes, total666 014630 034-4.2-5.4
Ordinary taxes on income and wealth, central government23 26432 694-2.140.5
Ordinary taxes on extraction of petroleum39 71119 862-30.3-50.0
Special income tax on extraction of petroleum64 73230 824-30.4-52.4
Tax equalization contributions to the central government164 919154 7630.0-6.2
Ordinary taxes to county authorities (incl. Oslo)23 75825 3534.96.7
Ordinary taxes to municipalities110 819120 0825.28.4
Member contributions to the National Insurance Scheme103 773109 5058.05.5
Employer contributions to the National Insurance Scheme134 084134 7703.80.5
Taxes on dividends to foreign shareholders9532 182

Source: Statistics Norway

Figure 1. Paid and distributed taxes by county authority. January - October accumulated. Change in per cent

The reduction in taxes on petroleum extraction has lowered total tax payments. Throughout 2016, this decline has been the main contributor to the decline in the tax account. Petroleum tax payments have consistently been half of last year’s receipts. Accumulated petroleum taxes paid in 2016 total NOK 51 billion, compared to NOK 104 billion in the same period in 2015.

Increase in personal taxpayers’ payments, decrease in non-personal taxpayers’ payments

Payments made through the advance taxpaying arrangement total NOK 528 billion so far, equal to an increase of NOK 18 billion compared to the same period one year ago. Personal taxpayers’ capital and income tax payments have increased by NOK 20 billion since last year. In the same period, payments made through the non-personal taxpaying arrangement, excluding petroleum taxes, have been reduced by NOK 338 million from NOK 51.4 billion. Capital and income tax paid by non-personal taxpayers have fallen by NOK 1 billion.

Increased payments to local government

Local government has so far this year received NOK 145 billion in tax payments. This amounts to an increase of NOK 11 billion compared to the same period last year. Accumulated payments to the central government total NOK 187 billion, which is about the same as the amount received in the first ten months of 2015. Payments to the National Insurance Scheme total NOK 244 billion, compared to NOK 238 billion last year.

Changes in the tax systemOpen and readClose

From 2016, changes in the tax system alter the distribution between ordinary taxes and tax equalization contributions to the central government. Lower rates on ordinary income reduce the equalization tax, while a new system for surtax from personal taxpayers increases the ordinary tax to the central government.