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Statoil Says Higher Petroleum Tax Risks Harming Investments

Business

Category: Tax

Statoil ASA (STL) said the government’s unexpected move to raise taxes on oil companies risks harming investments and casts doubt over the long-term predictability of the framework for offshore production.

Source: Bloomberg


Published: 06.05.2013


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US-Norway FATCA Agreement Inked

Business

Category: Tax

On April 15, at a formal ceremony at the Norwegian Ministry of Finance, Ambassador White and Finance Minister Sigbjørn Johnsen signed a bilateral agreement between the United States and Norway under the Foreign Account Tax Compliance Act (FATCA).

Source: US Embassy Norway


Published: 16.04.2013


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What Happened to the Tax Promise?

Business

Category: Tax

To avoid a tax level debate, the ruling Norwegian Labor Party and their coalition partners promised that they would not raise the tax level above the 2004-level, both in the 2005 and 2009 parliamentary elections. However, the devil is in the details, because Labor excludes toll roads from their own definition of taxes.

Source: Siv Jensen / FrP


Published: 18.01.2013


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Chamber's Push for a Transatlantic Trade Pact Gaining White House, Hill Attention

Business

Category: Tax

For nearly two years, the Chamber has been at the forefront of efforts to move forward the idea of an ambitious Transatlantic Economic and Trade Pact between the United States and the European Union.

Source: US Chamber of Commerce


Published: 26.07.2012


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