Income and deductions for companies, 2010

Positive ordinary income totalled NOK 199 billion, going up by 16 per cent from 2009. Private owned limited companies accounted for 85 per cent of taxable ordinary income.

Significant reduction in deduction for previous years’ deficit

Deductions in income went down by NOK 9 billion from 2009. The deduction for the previous years’ deficit decreased by NOK 19 billion, of which public owned companies accounted for NOK 7 billion. Paid group contribution increased by NOK 18 billion, to which public owned limited companies contributed NOK 10 billion.

Tax depreciation unchanged

Tax depreciation of fixed assets for limited companies was NOK 99 billion in 2010, which was a reduction from the year before. However, in 2009, there was additional depreciation on investments and improvements on cars, tractors and machinery only. That taken into account, tax depreciation did not change in 2010.

Tables:

• Table 1 Tax return account for limited companies. 2009 and 2010. NOK million
• Table 2 Tax return account for public or private owned limited companies. 2010. NOK million
• Table 3 Tax return account for limited companies with and without taxable income. 2010. NOK million
• Table 4 Fiscal value and depreciation for limited companies, by depreciation groups. 2010. NOK million