This is an archived release.
Changes in taxation of power stations
Assessed taxes for power companies totalled NOK 3.8 billion in 2004. This was NOK 399 million less than the year before. The decrease was mainly due to changes in the rules for computing ground rent income.
As from 2004, the rules for determining the tax base for tax on natural resources and tax on ground rent income were changed. Only generators having an output of at least 5500kVA are now included in the tax base. Before the changes were made, the tax base included generators with an output of 1500kVA or more. The changes have primarily affected tax on ground rent income. Tax on natural resources is not affected much, because it is computed from the power station's average production of electric power during the last seven years.
The statistics is published with Tax statistics for companies.