Increase in assessed taxes for power companies
Power companies had a total of NOK 5.5 billion in assessed taxes in 2005. This was 1.7 billion higher than the previous year.
Income tax increased most, going up from 2.2 billion in 2004 to 3.4 billion in 2005. Tax on ground rent income went up from 1.3 billion to 2.2 billion in the same period. Tax on natural resources totalled 1.5 billion in 2005, an increase of NOK 24 million from the year before.
Tax deduction for tax on natural resources was NOK 1.7 billion, almost NOK 0.5 billion more than in 2004.