Further decline in petroleum tax payments
Public sector;Svalbard
skatteregn, Tax accounts, tax payments, tax distribution, type of tax, dutiesPublic sector, Tax accounts , Public sector, Svalbard

Tax accountsOctober 2014



This is an archived release.

Go to latest 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.

Tax accounts. Distributed taxes. NOK million and change in per cent.
Distributed taxes. Accumulated figures so far this yearChange in per cent compared to same period previous year
October 2013October 2014October 2013October 2014
Total718 417695 3683.2-3.2
Ordinary taxes to central government25 00223 7585.3-5.0
Ordinary taxes on extraction of petroleum68 64856 979-4.6-17.0
Special income tax on extraction of petroleum113 74593 071-4.5-18.2
Tax equalization tax to central government168 344164 9155.1-2.0
Ordinary taxes to county authority (incl. Oslo)21 96422 6526.63.1
Ordinary taxes to municipalities103 492105 3377.01.8
Member contributions to the National Insurance Scheme89 86296 0605.46.9
Employer contributions to the National Insurance Scheme124 689129 1217.53.6
Taxes on dividends to foreign shareholders2 6703 475-1.530.1
Figure 1. Paid and distributed taxes by county authority. January-September accumulated. Change in per cent

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.