A new committee to assess tax system for aquaculture

A new committee led by economics professor Karen Helene Ulltveit-Moe is appointed to assess how the tax system for aquaculture should be designed.
– The committee will assess how the tax system for aquaculture should be designed to help the community get a share of the extraordinary return that may arise in the industry. At the same time, the tax system should be structured so that companies have incentives to make profitable investments, “says Minister of Finance Siv Jensen (Frp) in a press release.

The Government has emphasized in the Jeløya platform that natural resources should be taxed so that profits are paid to the community, while the companies can extract profitable resources. The parliament had in advance asked the government to set up a parliamentary committee to investigate an extra tax on the aquaculture industry.

The committee chair is Professor of Economics at the University of Oslo, Karen Helene Ulltveit-Moe. In addition to people from academia and lawyers, the committee consists of representatives from LO, NHO and KS. The committee will deliver its recommendation by 1 November 2019.

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