Lower assessed taxes for electric power stations
Establishments, enterprises and accounts
skattkraft, Tax statistics. Electric power stationCorporate tax , Establishments, enterprises and accounts

Tax statistics. Electric power station1999



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Lower assessed taxes for electric power stations

Total assessed taxes for electric power companies were NOK 2.7 billion in 1999. This is a reduction of NOK 0.8 billion, or 22 per cent from the year before. Assessed natural resource taxes paid to the municipalities were unchanged during the same period.

Taxable income or the basis of the community tax was fully NOK 1.3 billion less than in 1998. The community tax was thus reduced by NOK 0.3 billion at the same time as the deduction for taxes on received dividend increased by NOK 0.5 billion.

Assessed natural resource taxes came to NOK 1.5 billion while taxes on ground rent income came to NOK 336 million, a slight reduction from the year before. Deductions are made in the community tax for assessed natural resource taxes. This deduction came to NOK 0.9 billion, or almost 60 per cent of the natural resource tax.

Large differences among counties

The natural resource tax is assessed on the basis of overall production of electrical power in the fiscal year and the six preceding years. Measured by natural resource taxes, the largest power producers are found in Telemark, Hordaland, Sogn og Fjordane and Nordland. They accounted for about 20 per cent of all taxpayers, but accounted for half of the total assessed natural resource tax. Hedmark, Oppland and Buskerud have about half of the taxpayers, but only about 15 per cent of the assessed natural resources tax.