Norway to increase wealth tax rates while raising the tax threshold, according to a website statement from Labor Party and Center Party that’s outlining the coalition program.
- “The government will reduce income tax for those with incomes below 750,000 kroner and increase the tax for others”
- The overall level of taxes and duties for income will remain unchanged
- Electricity and fuel taxes to be reduced, including tax on biofuels
- Corporate tax rate to be kept at 22%
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