AKVA Group warns of salmon tax impact

The AKVA group, the world’s largest supplier of aquaculture services and solutions, has warned that the salmon tax is having a negative impact on the level of activity in the sea based business – and on land based operations. Presenting its results for the third quarter, the company said that the group delivered slightly reduced…

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Fish farming communities share £180 million

At least 150 coastal fish farming communities in Norway look set to share a bumper payout of more than £180 million from the country’s aquaculture fund. The total in Norwegian currency comes to NOK 2.2 billion and demonstrates the importance of the fund to some of the more remote areas. The spoils, which come from…

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Mayors mutiny over salmon tax

THE mayors of at least 70 local municipalities along the Norwegian coast are demanding a \’fair share\’ of any new salmon tax imposed on the country’s aquaculture industry. The government has announced proposals for a tax of NOK O.40 (40 øre or cents) per kilogramme on salmon, trout and rainbow trout which is expected to…

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Norway\’s \’salmon tax\’ dead in the water

NORWAY’S Labour Party has come out against imposing a 40 per cent flat rate tax – dubbed the salmon tax – on the country’s fish farming companies. Instead it wants to see a tax based on output or on how much land and fjord water a fish farm takes up, with most of the revenues going…

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Norway\’s \’salmon tax\’ dead in the water

NORWAY’S Labour Party has come out against imposing a 40 per cent flat rate tax – dubbed the salmon tax – on the country’s fish farming companies. Instead it wants to see a tax based on output or on how much land and fjord water a fish farm takes up, with most of the revenues going…

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Salmon boss: tax plan may force me to sell

THE boss of one of Norway’s leading family owned fish farming businesses has said he is thinking of selling up because of growing frustrations over possible new taxes and regulations. Ola Braanaas, CEO and sole owner of the Firda Seafood Group, based near Bergen, recently vented his anger after the government published the final draft of its traffic light system.…

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Norway salmon tax debate hots up

AN intense political debate has broken out in Norway over future plans for taxing its fish farming industry. The government is said to be looking at using the water and land resources that fish farms take up as a possible source for excise revenue, dubbed the salmon tax. This suggestion has already met with growing…

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