Tax statistics for companies, 2003

Oil extraction companies had assessed taxes of NOK 97.1 billion, or three fourth of total assessed taxes. Special tax amounted to NOK 60.1 billion. Companies engaged in land based activities covered more than 161 000 companies, or close to 99 per cent of all companies assessed. Total assessed taxes for land based activities amounted to NOK 27.3 billion. Total assessed taxes for power companies amounted to NOK 4.2 billion. For shipping companies assessed by special rules, taxes came to NOK 0.3 billion.

Tax deductions

Total tax deduction for received dividends for companies amounted to NOK 9.3 billion, an increase of 1 billion compared with the previous year. Tax deduction for tax paid to foreign country amounted to NOK 3.2 billion, tax deduction for tax on natural resources amounted to NOK 1.6 billion and tax deduction for expenses on research and development amounted to NOK 1.1 billion.

About the statistical basis

The statistics are based on the Directorate of Taxes' register for non-personal taxpayers. Revised routines and assessment periods were introduced in connection with the assessment of business activities in 2003. This may have affected the statistical basis.

Tables:

• Table 1 Number of joint-stock companies and total assessed tax, by tax rule. 2002 and 2003
• Table 2 Tax bases, assessed taxes and tax deductions for joint-stock companies. 2002 and 2003. NOK million