Tax statistics for companies, 2004

No less than NOK 35 billion of the increase came from oil extraction companies. Oil extraction companies had assessed taxes of NOK 132 billion, of which special tax constituted 62 per cent. Assessed taxes for land-based activities amounted to NOK 37 billion, an increase of NOK 10 billion, compared with 2003. Total assessed taxes for power companies and shipping companies assessed by special rules totalled NOK 3.8 and 0.3 billion, respectively. These amounts were almost the same as the year before.

Tax deduction for received dividends

As from 2004, tax exemptions have been introduced for incomes from shares and other assets. This has resulted in the disappearance of tax deduction for received dividends, except unused tax deduction from the previous years.

About the statistical basis

The statistics are based on the Directorate of Taxes' register for non-personal taxpayers. The statistics cover mainly limited companies, but also include other corporations that pay tax in arrears.

Tables:

• Table 1 Number of limited companies and total assessed tax, by tax rule. 2003 and 2004
• Table 2 Tax bases, assessed taxes and tax deductions for limited companies. 2003 and 2004. NOK millions