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7 paź 2024 · The petroleum taxation system is based on the rules for ordinary company taxation and are set out in the Petroleum Taxation Act (Act of 13 June 1975 No. 35 relating to the taxation of subsea petroleum deposits, etc).
Petroleum Tax Regulations. The taxation of petroleum resources on the Norwegian continental shelf is governed by a special law concerning petroleum taxation (the Petroleum Taxation Act). The Act applies to extraction and pipeline activities on the Norwegian continental shelf.
5 mar 2018 · This Act governs the taxation of exploration for and extraction of subsea petroleum deposits, and activities and work relating thereto, hereunder pipeline transportation of extracted petroleum. a) in internal Norwegian waters, in Norwegian territorial seas and on the continental shelf;
1 paź 2006 · The Petroleum Taxation Act. Click here (pdf) Act of 13 June 1975 No.35 relating to the Taxation of Subsea Petroleum Deposits, etc. Last amended by Act of 9 December 2005 No.109
25 sty 2024 · Petroleum tax for 2023 is expected to end up at approximately NOK 465 billion. This results from new and updated figures presented by the Oil Taxation Office in the Tax Administration.
Petroleum Tax Office is responsible for the taxation of Norwegian and international companies involved in oil and gas exploration. Account for petroleum tax. Tax returns and tax assessments for petroleum companies. You must submit the tax return electronically by 30 April. You'll find forms, guidelines and standard letters here.
1 wrz 2021 · Today, upstream petroleum activities on the Norwegian continental shelf are taxed with a marginal tax rate of 78%. The tax is levied on two tax bases; a corporate tax base with a tax rate of 22% and a special tax base with a tax rate of 56%.