Income and deductions for companies, 2000

The increase in received intra-group contribution amounted to NOK 38 billion or a good 40 per cent of the increase in income, while the increase in entrepreneurial income amounted to NOK 34 billion or 38 per cent. Received intra-group contribution was doubled from 1999 to 2000, while entrepreneurial income increased by 23 per cent.

Tax deductions

Tax deductions also increased compared to 1999 and amounted to 47 per cent of total taxable income. This is about the same share as in 1999. Total deductions amounted to NOK 159 billion, an increase of NOK 44 billion. Entrepreneurial deficit had the largest increase and amounted to NOK 77 billion. This was 59 per cent more than in 1999. Paid intra-group contribution increased by a good NOK 20 billion and amounted to NOK 63 billion of total deductions.

Ordinary income

A good half of the enterprises had taxable ordinary income with a total of NOK 125 billion. Non-taxable ordinary income amounted to NOK 49 billion.

Deduction for previous years deficit

The joint-stock companies had a not insignificant increase in deduction for previous years deficit compared to 1999. Deduction for previous years deficit increased by NOK 16 billion to NOK 39 billion.

Split-income enterprises

Enterprises covered by the split-income model had close to NOK 41 billion in taxable income, an increase of 10 per cent from the previous year. Ordinary income increased from NOK 14 billion in 1999 to NOK 16 billion in 2000. 58 per cent of the enterprises covered by the split-income model had taxable ordinary income.

About the sample

The statistics are based on data from a sample of 6 985 joint-stock companies. When comparing the figures from various years, changes in industrial rankings and structural changes in the different industries may affect the figures.

Tables:

• Table 1 Tax return account for joint-stock companies. 1999 and 2000. Million kroner