This is an archived release.
Further decline in petroleum tax payments
By the end of October 2014, a total of NOK 695.4 billion had been paid in taxes in Norway. This is NOK 23 billion less than at the end of October 2013. As in the previous months, the decline in total tax payments is due to reduced petroleum tax payments.
|Distributed taxes. Accumulated figures so far this year||Change in per cent compared to same period previous year|
|October 2013||October 2014||October 2013||October 2014|
|Total||718 417||695 368||3.2||-3.2|
|Ordinary taxes to central government||25 002||23 758||5.3||-5.0|
|Ordinary taxes on extraction of petroleum||68 648||56 979||-4.6||-17.0|
|Special income tax on extraction of petroleum||113 745||93 071||-4.5||-18.2|
|Tax equalization tax to central government||168 344||164 915||5.1||-2.0|
|Ordinary taxes to county authority (incl. Oslo)||21 964||22 652||6.6||3.1|
|Ordinary taxes to municipalities||103 492||105 337||7.0||1.8|
|Member contributions to the National Insurance Scheme||89 862||96 060||5.4||6.9|
|Employer contributions to the National Insurance Scheme||124 689||129 121||7.5||3.6|
|Taxes on dividends to foreign shareholders||2 670||3 475||-1.5||30.1|
The ordinary and special tax on extraction of petroleum totalled NOK 150 billion from January-October 2014. This is a decrease of NOK 32 billion, or 17.7 per cent, compared to the corresponding period in 2013. Non-petroleum-related taxes paid through the non-personal arrangement have decreased by 4.2 per cent since last year.
Small tax increase in mainland Norway
Excluding the petroleum tax revenues, the mainland Norway tax payments so far this year have increased by 1.7 per cent compared to the same period last year. NOK 487.5 billion has been paid through the advance tax arrangement. This is NOK 11.7 billion, or 2.5 per cent, more than in the corresponding period last year. Contributions to the National Insurance Scheme account for NOK 225 billion of this total. Tax equalisation contributions and ordinary tax to the central government account for NOK 133 billion of the sum paid through the advance tax arrangement, while ordinary taxes to municipalities account for NOK 104 billion.