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5837
Strong growth in assessed taxes
statistikk
2007-12-17T10:00:00.000Z
Establishments, enterprises and accounts
en
skattepl, Tax statistics for companies, taxable income, taxable wealth, assessed tax, corporation tax by industry, due in arrears, tax position, type of tax (for example income tax, capital tax, natural resource tax), oil production companies, power companies, shipping companies, onshore activitiesCorporate tax , Establishments, enterprises and accounts
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Tax statistics for companies, 2006

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Strong growth in assessed taxes

Corporations were assessed a total of NOK 281 billion in taxes in 2006, an increase of NOK 51 billion or 22 per cent from 2005. Companies involved in oil extraction contributed most to the assessed taxes, with a total of NOK 219 billion.

Mistakes in the statistics corrected in later publications

New rules were introduced in petroleum taxation in 2005, and these affect the figures for tax statistics for companies. The figures in this article do not reflect the corrections made. For new and updated figures, see tax statistics for companies and the tables therein (2009) (published on 20 December 2010, corrected on 25 January 2011).

For further information on the corrections and why they were made, see the article " Correction of statistics - paid exploration expenses ".

Income tax for oil companies totalled NOK 82 billion in 2006, while special taxes for oil companies totalled NOK 138 billion. Assessed taxes for oil companies increased by NOK 34 billion, an increase which was mainly due to higher oil prices. Foreign companies that provide services to oil extraction companies were assessed a total of NOK 283 million in taxes. 66 companies in oil extraction and 186 foreign companies were assessed according to the Petroleum Tax Act in 2006.

Land-based activities

Companies assessed pursuant to ordinary tax rules were assessed a total of NOK 52 billion in taxes after tax deductions. This was an increase by NOK 12.5 billion or 32 per cent. Assessed income tax was NOK 62 billion, and assessed wealth tax NOK 277 million. The companies assessed by ordinary tax rules had the highest tax deductions. Tax deductions for tax paid to foreign countries amounted to NOK 8.5 billion, tax deductions for received dividends amounted to NOK 670 million, and tax deductions for research and development expenditure amounted to NOK 1 billion. The total number of companies assessed pursuant to ordinary tax rules was 203 147.

Power and shipping companies

Power companies were assessed NOK 9.8 billion in 2006, which was NOK 4.3 billion or 78 per cent more than in 2005. Shipping companies assessed by special rules for limited shipping companies had NOK 324 million in assessed taxes in 2006, a decrease of NOK 192 million from 2005.

About the statistical basis

The statistics are based on the Directorate of Taxes’ register of non-personal tax payers and include 205 397 limited companies and other corporations that pay tax in arrears. Most companies are taxed pursuant to ordinary tax rules, but there are exceptions. Power companies are taxed according to the Taxation Act Chapter 18, while shipping companies may choose to be assessed pursuant to the special rules for shipping companies, as outlined in the Taxation Act Section 8-10 to 8-19. Companies involved in oil extraction on the Norwegian continental shelf or in pipeline transport, and foreign companies that provide services on the Norwegian continental shelf are assessed pursuant to the Petroleum Tax Act.

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