{"id":127346,"date":"2025-05-02T08:09:00","date_gmt":"2025-05-02T08:09:00","guid":{"rendered":"https:\/\/teknomers.com\/en\/more-parties-are-in-favor-of-changing-the-salmon-tax-the-industry-wants-predictability-news-troms-and-finnmark\/"},"modified":"2025-05-02T08:09:02","modified_gmt":"2025-05-02T08:09:02","slug":"more-parties-are-in-favor-of-changing-the-salmon-tax-the-industry-wants-predictability-news-troms-and-finnmark","status":"publish","type":"post","link":"https:\/\/teknomers.com\/en\/more-parties-are-in-favor-of-changing-the-salmon-tax-the-industry-wants-predictability-news-troms-and-finnmark\/","title":{"rendered":"More parties are in favor of changing the “salmon tax” – the industry wants predictability – news Troms and Finnmark"},"content":{"rendered":"\n

The Progress Party is divided in the view of the disputed “salmon tax”. When the party gathers for a national meeting on Friday, it is still uncertain what the party will adopt. A majority of the Government of Frp wants the liquidation of the basic interest tax and the Norm Price Council for the Aquaculture Industry, while a minority will reduce the basic interest rate rate on aquaculture and design a less bureaucratic system, and with the discontinue price council. – We see that there are some challenges, including with the Norm Price Council, which creates great uncertainty for the industry about what kind of tax level they want. It takes almost a year from everyone else has submitted their accounting reports before the salmon industry knows what to pay in taxes. This is what the Progress Party’s Fisheries Policy Spokesman Bengt Rune Strifeldt says. Bengt Rune Strifeldt, fisheries policy spokesman in the Progress Party. Photo: Jonas L\u00f8ken Estenstad When Frp this autumn presented its alternative state budget, the party did not grant a penny for liquidation, and set the rate on the basic interest tax on salmon farming to 25 per cent. This is the same level that the government has set the rate. Contrary to what the party is now proposing in its party program. – The reason we had not priced it in an alternative state budget was that the proceeds were very uncertain, says Strifeldt. This is basic interest tax on aquaculture (“salmon tax”) Basic interest tax is payment for the use of jointly owned resources. Previously, it has been free to use the sea for farming. Basic interest tax is paid by income from natural resources such as water, wind and sea. The word comes the English term “ground clean”, ie land rent or country rent. When a salmon plant is set up in a fjord or a wind turbine in the mountains, the area is not freely available to others. Access to the natural resources is defined and it delineates the competition. Thus, it is easier to get extraordinarily high income in industries that utilize natural resources. Basic interest tax must be paid by the extra income that the companies receive beyond what they can normally expect from their own investments and work effort, as a result of this benefit. Basic interest tax is also called super profits. Basic interest tax can be calculated in different ways. The state has chosen a price council for aquaculture that collects information, and then sets a price that reflects what the fish is worth when removed from the cage. The tax settlement price will correspond to the market value of the fish on the cage edge, regardless of where in the value chain turnover takes place. Source: ntb\/regjeringen.no – devastating Frp is not alone in wanting changes. As late as April 8, there was a majority for changes, right to the right and the Center Party would not support the other’s proposal. Any change can mean a lot to one of the country’s most important industries, which has long fought against the tax. – This is something that should never have been introduced in the first place. We are to pay taxes, but not as it is presented today. For many players, it is devastating for future growth, says Operations Manager of the Local-owned fish farming company Gratanglaks in S\u00f8r-Troms, Marius Aspen. Gratanglaks is one of several aquaculture companies in Northern Norway. Photo: Tora Jarn\u00e6s Vold \/ news Ellen Reitan (Ap), Secretary of State in the Ministry of Finance, is clear that it is out of date for the government to discontinue the tax. She points out that in Norway there is a long tradition that values \u200b\u200bcreated by using our common natural resources benefit the community “. The government will also not discontinue the Norm Price Council. – Because there is a higher tax rate on basic interest income than on ordinary income, the aquaculture companies have incentives to reduce basic interest income to pay less tax. Revenue can be reduced by increasing costs or by pricing the fish artificially low, she writes in an email. The price council has been appointed by the Ministry of Finance, and is an independent advice that will set binding prices used in the calculation of the basic interest tax. State Secretary in the Ministry of Finance, Ellen Reitan (Ap). Photo: Ida Laingen \/ Ministry of Finance She further believes that norm prices help to simplify the companies’ tax return. – The alternative is that the companies themselves have to calculate the market value of the fish on the cage edge, which the Tax Administration must then check and possibly change. Reitan points out that this would be more resource intensive, even for the companies, than today’s scheme. In the tax return, all Norwegian companies must value their assets, including fish in the cages for the aquaculture industry. The tax settlement price will correspond to the market value of the fish on the cage edge, regardless of where in the value chain turnover takes place. The oil and gas industry has had a similar scheme for a number of years. Kari Anne Skoglund \/ news Aquaculture Fund, basic interest tax and production fees? This is how the aquaculture industry is taxed: The Aquaculture Fund: Every other year, the state auctions out licenses to new sites in the district, after the municipalities have allocated new areas in the coastal zone. Parts of the revenues go to the Aquaculture Fund. In addition, the industry pays NOK 0.88 for each salmon produced in the cages, which go to the aquaculture municipalities. The distribution of the municipalities is based on the number of sites and produced salmon in each municipality. Since the auctions are every other year swings the revenues from the Aquaculture Fund from year to year. This year, NOK 4.7 billion went from the fund to municipalities and counties. Basic interest tax: From 2023, the government introduced a new tax of 25 per cent of the profits before the corporate tax from the aquaculture industry – called basic interest tax for the aquaculture industry. This amounts to NOK 4.5 billion in 2024 and goes entirely to the state, which distributes parts of the revenues to all municipalities via framework transfers. Export tax: The aquaculture industry also pays one fee per exported fish in a separate export fee. This is going to finance the Seafood Council and the Aquaculture Industry Research Fund. According to Oslo Economics, the fee was NOK 650 million in 2021, and is estimated at 800 million in 2024. Corporate tax: In addition, the aquaculture industry, like all other industries, has a corporate tax on the profits after production tax and the purchase of licenses of 22 per cent. According to Nofima, this corresponded to about NOK 7 billion in 2023. Uncertainty in the municipalities on the other side of the fjord in S\u00f8r-Troms, in the Ibestad farming municipality, the facilities are in a row. In total, the industry contributed almost NOK 46 million to the municipal treasury through payment from the Aquaculture Fund in 2024. In the worst case, today’s uncertainty can lead to fewer investments, which in the long term can lead to reduced production and have consequences for the municipality, the mayor believes. – Rough calculations indicate that around 30-40 per cent of the municipality’s revenues are from aquaculture. If it gets lower, then we have to make significant cuts in our service production, says Mayor Jim Kristiansen (H). Mayor of the Aquaculture Municipality Ibestad in Troms, Jim Kristiansen (H). Photo: Henrik Einangshaug \/ news The party itself wants to reduce the tax to 15 per cent. Although this will result in about NOK 4 million less in revenues for the municipality, the mayor believes this amount can be defended. When asked about the municipalities, when a liquidation or reduction, should be compensated with increased framework grants from the state, he replies: – It would have been an ideal situation if the state had done so, but then it would really only be provided the municipalities that have aquaculture industry. Jointly, I see some challenges with it. Photo: Leif Rune L\u00f8land \/ news Political disagreement ends with bourgeois election victory this fall, and Frp ends up in the government with the Right, the “salmon tax” can quickly become a topic. – Will it be appropriate to agree to H\u00f8yre’s proposal for a reduction to 15 per cent? – It’s a topic that will be put on the table. It is difficult to say, but it is a signal to the industry that it will be reduced, says Bengt Rune Strifeldt. Even the government believes it is well justified that “the community should have a proportion of the excess return in the aquaculture created by utilizing the community’s natural resources”. State Secretary Ellen Reitan believes that the rate should be fixed over time for the tax to be neutral. – A well -designed basic interest tax facilitates stable framework conditions for the industry. Through the basic interest tax, the state takes a fixed part of both the upside and the lower side corresponding to the tax rate. Published 02.05.2025, at. 09.57
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The Progress Party is divided in the view of the disputed “salmon tax”. When the party gathers for a national meeting on Friday, it is still uncertain what the party will adopt. A majority of the Government of Frp wants the liquidation of the basic interest tax and the Norm Price Council for the Aquaculture […]<\/p>\n","protected":false},"author":1,"featured_media":127347,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[4560,5798,137,533,16,2777,2204,710,36,131],"class_list":["post-127346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-changing","tag-favor","tag-finnmark","tag-industry","tag-news","tag-parties","tag-predictability","tag-salmon","tag-tax","tag-troms"],"_links":{"self":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/127346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/comments?post=127346"}],"version-history":[{"count":0,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/127346\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media\/127347"}],"wp:attachment":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media?parent=127346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/categories?post=127346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/tags?post=127346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}