Income and deductions for companies, 2006

Because the statistical basis for the 2006 survey was extended, the income statistics for 2006 are not directly comparable to the statistics for 2005.

Income and deductions

Total assessable income mainly consists of entrepreneurial income and received intra-group contributions. In 2006, entrepreneurial income and intra-group contributions amounted to NOK 233 and NOK 85 billion respectively. Total deductions amounted to almost NOK 217 billion. The largest deduction was due to paid intra-group contributions, which totalled NOK 96 billion. In addition, deductions for entrepreneurial deficit and utilized deficit from previous years came to NOK 80 billion and NOK 39 billion respectively.

Ordinary income amounted to NOK 102 billion. Positive ordinary income, i.e. the taxable income, totalled NOK 154 billion while negative ordinary income amounted to NOK 52 billion. Almost half of all limited companies had taxable income in 2006.

Increase in income compared to 2005

The population was extended to include all limited companies in the non-financial sector except companies involved in crude oil and natural gas extraction. When the population is kept constant, we find that there has been an increase in assessable income of NOK 26 billion, or 11 per cent, from 2005 to 2006. Correspondingly, the deductions have increased by NOK 16 billion and ordinary income by NOK 10 billion.

Tables:

• Table 1 Tax return account for limited companies with and without taxable income. 2006. NOK million
• Table 2 Tax return account for public or private owned limited companies. 2006. NOK million
• Table 3 Fiscal value and depreciation for limited companies, by depreciation groups. 2006. NOK million
• Table 4 Tax return account for limited companies. 2005 and 2006. NOK million