Budget Norway

8/13/2019 Budget Norway

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Main figures of the Fiscal Budget and theension Fund !lo"al excluding "orrowingand lending transactions for 2012 and 2013

#N$K million%

&stimatedaccounts 2012

'otal re(enue of the Fiscal Budget)e(enue from *etroleum acti(ities)e(enue excluding *etroleum re(enue

'otal ex*enditure of the Fiscal Budget&x*enditure on *etroleum acti(ities&x*enditure excluding *etroleum ex*enditureFiscalBudget sur*lus "eforetransfers to the ension Fund !lo"al

Net cash flow from *etroleum acti(itiesetroleum ad+usted sur*lus

'ransferred from the ension Fund !lo"alFiscalBudget sur*lusNet allocated to the ension Fund !lo"al

Fund re(enue from interest and di(idends'otal sur*lus of the FiscalBudget and theension Fund

1 2,- ,./10 /2.-- 2/,

//- ./ 2- 002/,0 .,

2,/ /3/3. /010 010 0 02,/ /3/10. .00

3.. ,3/

do*ted"udget 2013

1 31 .101 1.,/13 -

1 0- 320 2. 0021 03, 31.

2/ 223,3 1.123 --3123 --3 02/ 22130 -00

3.0 122

4

4

5455

4

'he "orrowing and lending transactions6and financing re7uirements6 of the FiscalBudget for 2012 and 2013

#N$K million%

&stimated

accounts 2012

8ending6 su"scri*tion for shares6 etc9)e*aymentFiscalBudget sur*lusNet financing re7uirementsDe"t instalments!ross financing re7uirements of the Fiscal

Budget

11. 0.21, 2/2 03/ 210 03/ 210

do*ted

"udget 2013

13 113. /3 0. 1,.-- 12 ,22

454

3


5/43

Mar:et (alue of the !o(ernment ension Fund !lo"alN$K "illion9 &nd of the year

4500

4000

3500

3000

2500

2000

1500

1000

500

0

Mar:eds(erdien a( ;tatens *ens+onsfondutland19Mrd9 :roner (ed utgangen a( r 200-9

Kilde= Nas+onal"uds+ettet 20136

Finansde*artementet 9For(entet reala(:astning a(;tatens *ens+onsfond&x*ected real return on the !o(ernment ension Fund !lo"alog structural6 nonoil FiscalBudget deficit unders:udd9 Mrd9 201and stru:turelt6ol+e:orrigert

Billion 2013:roner

175

;tructural deficitStrukturelt, oljekorrigert underskudd

150

125

100

75

50

25

0

*ct9 real return4 prosentrealavkastning

2001 2003 2005 2007 2009 2011 2013

;ource= Ministryof Finance9

Kilde= Nas+onal"uds+ettet 20136 Finansde*artementet 9


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ntall eldre #-,


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Key figures for the *etroleum sector

$il *ricesensiti(ity201312011 2012 2013 201

ssum*tions=Arude oil *rice6 N$K *er

"arrel Arude oil and N8! Natural gasN$K "illion=aid taxes2

Net re(enues from ;DFNet cash flow3

-2111.100

21012.31

--11-10,

22.133.

-211110

23012/3,3

-112112

1--/02-/

29-19/9

1%

2%

3%

&ffects of an oil *rice increase of N$K 10 *er "arrel9ncome tax and s*ecial tax on *etroleum income9rea fee and tax onA$2 emissions etc9

'axes and excise duties6 net re(enues from ;DF #'he ;tateCs direct financialinterest% and di(idends from ;tatoil9

;ources= ;tatistics Norway6 Ministryof etroleum and &nergy6 Ministryof

Finance and )euters&cowin9

Ahild "enefit and cash "enefitfor 2012 and 2013

2012rules 2013rules Ahange20122013

nnual child "enefit rate

;ingle *arent rate#children 03 yearsold% 1

&xtrachild "enefit allowance inFinnmar:6 North 'roms and ;(al"ardMonthly full rate cash "enefit forchildren aged 131. monthsMonthly full rate cash "enefit forchildren aged 1/23 months

N$K 11 -0 N$K 11 -0

N$K , /20 N$K , /20

N$K 3 .0 N$K 3 .0

N$K 0002 N$K 000

N$K 3 303N$K 3 303

f the child is not in :indergarden6 it is gi(enfull cash "enefit9f the child has

*artial day care in :indergarden at 1/ hours or less *er

wee:6 the cash "enefitis 0 *ercent of the full rate9

1

2

**lica"le only to single *arents recei(ing transitional "enefit9Before 1 ugust 2012 the full cash "enefit was 3 303 N$K *ermonth for children aged 133 months9


-


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Fiscal Budget re(enue and ex*enditure20136 excluding "orrowing and lendingtransactions

#N$K "illion%

Fiscal Budget re(enue #excl9 *etroleum%;um direct and indirect taxesfrom Mainland Norway

'axeson wealth and income229&m*loyerCs and em*loyeeCs social security

contri"utions 2-92alueadded tax23-90&xcise duties on to"acco and alcohol2091

&xcise duties on cars6 *etrol6 etc9 09.&xcise duties on electricity,91Austoms re(enue29.$ther indirect taxes219)e(enue from go(ernment "usiness o*erationsnterest and di(idends$ther re(enue

Fiscal Budget ex*enditure #excl9 *etroleum%)etirement *ension;ic:ness allowance$ther social security *ayouts #social causes%Disa"ility and medical reha"ilitationMaternity6 *aternity and ado*tion *ay@nem*loyment "enefit and *ayments relatingto occu*ational reha"ilitation

)egional health enter*rises #hos*itals%!eneral grants to local gou(ernmentsEigher education and tertiary (ocational educationDefence

'rans*ortation #including o*eration and maintenanceof classified roads%Foreign aid #$Da**ro(ed%Ahild "enefitsgricultural greementolice and *u"lic *rosecution

nterest on go(ernment de"t$ther ex*enditure

etroleum ad+usted sur*lus!o(ernment net cash flow from *etroleum acti(ities

n additon6 there are 09/ "illion N$K to Norfund *rimaryca*ital that count as official de(elo*ment aid

/139,

.9/

19/309/290

1 03,93

1-2923,9,1190291.91

1291112901392.9,292

3.9

2/93190192139-129.21.93

1239,3,392

,


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13/43

BN for FastlandsNorge og sysselsatte*ersone!D for MainlandNorway androsent(is endringem*loyment9 Ahange from *re(ious yearfra

rer cent

10

8

6

4

2

0

"2

"4

!D for MainlandNorway#$% !orastlands"$orge

&m*loymentS&sselsatte personer

2000 2002 2004 2006 2008 2010 2013

;ources= ;tatistics Norway and Ministryof Finance9

Kilder= ;tatistis:r"eidsledighet sentral"yr< ogFinansde*artementet9rosent a( ar"eidsstyr:en@nem*loyment

er cent of la"our force

14

&uroarea'uroomr(det

12

10

8

6

4

2

0

$&ADcountries)'*+"landene

Norway$orge

1980 1985 1990 1995 2000 2005 2011

;ources= $&AD6 ;tatistics Norway and Ministryof Finance

.Kilder= $&AD6 ;tatistis: sentral"yr< og Finansde*artemen


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&x*enditure and re(enue for the fiscal year 2013

&x*enditure

'otalex*enditure

)oyalEouse!o(ernmentarliament;u*reme AourtMinistry of Foreign ffairsMinistry of &ducation and )esearchMinistry of Aulture

Ministry of Gustice and u"lic ;ecurityMinistry of 8ocal !o(Ctand )egional De(9Ministry of 8a"ourMinistry of Eealth and Aare ;er(icesMinistry of Ahildren6 &7uality and ;ocial ncl9Ministry of 'radeand ndustryMinistry of Fisheries and Aoastal ffairsMinistry of gricultureand FoodMinistry of 'rans*ort and AommunicationsMinistry of the &n(ironment

Ministry of !o(ernment dm96 )eform andAhurch ffairs

Ministry of FinanceMinistry of DefenceMinistry of etroleum and &nergyarious ex*enditure;tate"an:s!o(ernment *etroleum acti(ities!o(ernment "usiness o*erationsNational nsurance ;cheme!o(ernment ension Fund !lo"al

'otal ex*enditure

1/ 20, 310 /0 1 -. 0 . 0.3 /-- /,23 . /3 / ,1 -1

2/ .22 ,,1. .10 /2, /- 002121 33 //32 /0 3-3 - 2,, ./ 003 02,1, 100 1/13. /00 000 0 -,.

- 2/- -3-10. ., 002 22 2//1- /,2 ,11 .21 00012 12 22. 001 .00 1 .3, /113-/ 33 .0.3,3 1. 200

1 -. 1-1 ,,

19 )e(enue #ex re*ayments and transfer from the !o(ernment ensionFund !lo"al%

29 &x*enditure #ex9 lending6 de"t instalments%$*eration ex*enditureNew Aonstruction

'ransfers to others'ransfers to the !o(ernment ension

Fund !lo"al39 ;ur*lus "efore "orrowing and lending transactions "efore transfer

fromthe !o(ernment ension Fund !lo"al #12%9 'ransfer from the !o(ernment ension Fund !lo"al9 ;ur*lus "efore "orrowing and lending transactions #35%

10


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#1000 N$K%

$*erationex*enditure

1. 3.1 310 /01 3- 20 . 0. .,/ 30.3 2, 31-1 -, 3

2 .-. 0 0/ 021 ,./ .,1 3/- 3/3- ./. ,/1 ..2 3/3 32 ./,1 . /.1 1// ,002 .0 0/0

332 /,2/ 120 .0030 .0 ,12 0 -211 .21 000 - 0- 1 .00 22 3/0

1. 0- .

Newconstruction

1-- 300 222 //2 2 2. 3 .12

1 2,- //2 ,00 /.2 /-0 1. 1, 10 00 10 ,00 ,- 1-0 / ,,31- -. /00 -3 22-

-3 -1 21, ,0010 ,,, ,2/ 10 000 22- 22,2. 000 0001 .-0 301

-2 3 3,.

'ransfersto others

1, .2- 1,2 000 2/ /-- .120 2. ,/ . 00 31

2 -,, 0.11. 01 1,211 1/1 1,111- /1. 1./2 // 0-. 3. 30 ./ /,01 0 /20 , 01 00 2 001 3-2

1 32/ 20332 //3 000 -0 . 21 .0 12 1, 1. 3-/ 33 .0.3,3 1. 200

1 21, /13 .1.

8ending and "orrowing transactions

./, .-0

21 000 000 1 00

-- 000 10 000 000 111 213 -3

20/ -, 003

Fiscal Budget ex the Nationalnsurance ;cheme

1 0, 0 ,-21 0-/ 1-. /3-1. 0- . -2 3 3,., 3/2 .103,3 1. 200

21 -- 1,123 --3 32,101 /// 13

Nationalnsurance;cheme

2-, 33- -3-/ 33 .0. 3-/ 33 .0.

101 /// 13 101 /// 13

Fiscal Budgetincl9 the Nationalnsurance ;cheme

1 31 .1 1,1 3. 0 ,1. 0- . -2 3 3,.. ,2. -1.3,3 1. 200

123 --3 32,123 --3 32,

11


20/43

)e(enue

'otalre(enue

'axeson wealth and income&m*loyerCs and em*loyeeCs social security

contri"utionsAustoms re(enuealueadded tax&xcise duties on alcohol&xcise duties on to"acco&xcise duties on cars$ther excise duties

'otal taxesand dutiesnterests from go(ernment "usiness o*erations$ther re(enue from go(ernment "usiness o*erations

'otal re(enue from go(ernment "usiness o*erationsnterests from state "an:snterests from cash "alance and otherDi(idends exclusi(e ;tatoilnterests and di(idends#ex !o(ernment "usiness o*erations and ;tatoil%)e(enue from the ministries

'ransfer from Norges Ban:)eturn of assets from

'he ;tateBan: nsurance Fund'otal otherre(enue)e(enue from go(ernment *etroleum acti(ities

'axesand duties on extraction of *etroleumDi(idend from ;tatoil

'otal *etroleum re(enue)e*ayments

!o(ernment ension Fund !lo"al

'otal re(enue

22 . 0002- 200 000 2 ,-0 00023- 000 00012 0 000 , -0 00033 -30 000 ,31 21. /0- 21

10 .- 1 ,.1 .3 1 .., -/. . 13 3 , -1 131 .3,

30 /02 2232 /. 2.2

2 /. 2.2

1, 00 00022/ /00 00013 .., 00001 1., 000. /3 //123 --3 32,

1 23 3/ ,3.

Borrowing and lending transactions=-9 8oans6 de"t instalments6 su"scri*tion of

shares o(erall8oans to the

state "an:sDe"t instalments$ther loans6

su"scri*tion of shares,9 )e*ayments.9 8oans #net% #-,%

/9 $(erall financing re7uirements of cash"alanceand "orrowing and lending assets #.%

12


21/43

$*erationre(enue

0000

1, 1,, ,2

1, 1,, ,2

12/ 000 000 12/ 000 000

1- 1,. 22

)e(enuerelated to newconstruction

1 ,,0 031 ,,0 03

2.- 2/

2.- 2/

22 000 000 22 000 000

2 0- 32.

'axes6 dutiesand other transfers

22 . 0002- 200 000 2 ,-0 00023- 000 00012 0 000 , -0 00033 -30 000 ,31 21. /0- 21

10 .- 11 300 11, 1- . 13 3 , -1 131 .3,

30 /02 223, / 23-

, / 23-

- 00 00022/ /00 00013 .., 00020 1., 000 123 --3 32,

1 2-. 2,0 1-

)e*ayments

. /3 //

. /3 //

Fiscal Budget ex the Nationalnsurance ;cheme

Nationalnsurance;cheme

Fiscal Budgetincl9 the Nationalnsurance ;cheme

20/ -, 003111 213 -3-- 00031 .// 3-0. /3 //12 ,22 00/

22 ,22 .-

101 /// 13

20/ -, 003111 213 -3-- 00031 .// 3-0. /3 //12 ,22 00/

12 ,22 00/

13


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Macroeconomic de(elo*mentsercentage change from *re(ious year1%

N$K "illion2% 2011

2011 2012 2013

ri(ate consum*tion11319,u"lic consum*tion/09.!ross fixed ca*ital formation3-9. $f which= $il acti(ities3%19 Mainland"usiness sector 1,09- )esidential construction1293 u"lic sector.-9.

Final demand from Mainland Norway 2 1092&x*orts 1 109/ $f which= Arude oil and natural gas-29 'raditional goods31-9m*orts,,-91 $f which= 'raditional goods ,091!ross Domestic roduct2 ,090 $f which= Mainland Norway2 0./9, Memo= &m*loyment99 @nem*loyment rate #8F;9 *er cent of la"our force%99 Aonsumer *rice index 99 Aonsumer *rice indexad+usted for tax changes and excluding energy *roducts #A'&%99 Hage growth 99 Arude oil *rice #N$K *er "arrel%%

Aurrent account sur*lus6 *er cent of !D99 !ross National ncome #N$K "illion%%99

ercentage change is calculatedin fixed *rices9

National accounts current *rices9 &xcl9 ser(ices9 Aurrent *rices9

1

2

3

2919.,9-

19139219/29239319.

-9209039.

39-19229

193

393192

39,19/,9,

1909//90093919-

19019392

939139,

291

39109.

902919.

,6091.9029.39.19

0912929

9-2929/

193

39219/

09/19319, 6291

-21-3,-2139-1393119

2,.. 2 /0 3 03-

;ources= ;tatistics Norway and Ministryof Finance9

1


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Direct taxes6 rates and thresholdsfor 2012 and 2013

2012 2013Ahange20122013

'ax rate on Iordinary incomeJndi(iduals12. *ct92. *ct9Aor*orations 2. *ct92. *ct9;urtaxBrac:et 1

'hreshold N$K /0 000 N$K 0/ -00)ate2/90 *ct9/90 *ct9Brac:et 2

'hreshold N$K ,/- 00 N$K .2. 300)ate 1290 *ct91290 *ct9;ocial security contri"ution

'hreshold for the *ayment of socialsecurity contri"ution N$K 3/ -00 N$K 3/ -008e(elling rate 290 *ct9290 *ct9)ateHage income ,9. *ct9,9. *ct9ncome from selfem*loyment in ,9. *ct9,9. *ct9fisheries and child care3ncome from otherselfem*loyment 1190 *ct91190 *ct9ension income6 etc9 9, *ct99, *ct9&m*loyersC social security contri"utionone 191 *ct9191 *ct9one a 191 *ct9191 *ct9one 109- *ct9109- *ct9one -9 *ct9-9 *ct9one 91 *ct991 *ct9

one a ,9/ *ct9,9/ *ct9one 090 *ct9090 *ct9Maximum effecti(e marginal tax ratesHage income excl9 em*loyersC social ,9. *ct9,9. *ct9security contri"utionHage income incl9 em*loyersC social 93 *ct993 *ct9security contri"utionension income9, *ct99, *ct9

;elfem*loyment income3 190 *ct9190 *ct9Di(idends and withdrawals- .92 *ct9.92 *ct9;tandard allowanceAlass1 N$K 30 N$K , 10Alass2, N$K /0 ,00 N$K / 300

*ct9

*ct9

*ct9 *ct9

For tax*ayers in Nord'roms and Finnmar:6 the rate is 29 *ercent9

For tax*ayers in Nord'roms and Finnmar:6 the rate is , *ercent in "rac:et 19

'he selfem*loyed in fishing6 huntingand in childcare in own home #childrenunder 12 or with s*ecial needs for care and nursing%

ha(e a ,9. *er cent social securitycontri"ution on selfem*loyed income9 lower socialsecuritycontri"ution rate for fishing and hunting relates to the fact that these sectors *ay a *roduct tax i9a9 intended

to ma:e u* for the difference "etween the ,9. *er cent and the 11 *er cent social securitycontri"ution9 n Lone a6 em*loyersC social securitycontri"ution shall "e *aid at a

rate of 109- *er cent until the difference "etween what the enter*rise actually*ays and what the enter*rise would ha(e *aid at a rate of

191 *er cent e7uals the de minimisstate aid threshold9 n 20136 the threshold is N$K 306000 *er enter*rise9 For road trans*ort

com*anies in Lone a6 the threshold is N$K 2-60009 For the disa"led etc9 that are su"+ect to the tax limitation rule6

the maximum effecti(e marginal tax rate may reach *er cent9- ncluding a 2. *er cent cor*oration tax rate9,

1

2

3

1


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2012 2013Ahange20122013

Basic allowance in wage income)ate8ower limit@**er limit.

Basic allowance in *ension income)ate8ower limit@**er limit

;*ecial wage income allowance/

;*ecial allowance for disa"ility6 etc9

;*ecial allowance for single *arent10

'ax credit for *ension incomeMaximum tax creditDownscaling6 "rac:et 1

'hreshold)ateDownscaling6 "rac:et 2

'hreshold)ate

3.90 *ct9090 *ct9 2 *ct9*ointsN$K 000 N$K 000N$K ,. 10 N$K .1 300 *ct9

2-90 *ct92-90 *ct9N$K 000 N$K 000N$K - 0 N$K -. 00

N$K 31 .00 N$K 31 .00

N$K 32 000 N$K 32 000

N$K , 1-0

*ct9

New

N$K 2/ 300 N$K 30 300

N$K 1- 000 N$K 1,0 ,0 193 *ct9193 *ct9

N$K 21 ,00 N$K 2/ .00 -90 *ct9-90 *ct9

39 *ct9

39 *ct9

392 *ct9

'he tax limitation rule for the disa"led6 etc9118e(elling rate90 *ct9 90 *ct9

'axfree net income;ingle N$K 122 100 N$K 12, 000Married *erson12N$K 112 200 N$K 11- ,00Net wealth su**lement)ate 19 *ct9 19 *ct9

'hreshold for singleN$K 200 000 N$K 200 000

'hreshold for married *ersonN$K 100 000 N$K 100 000

;*ecial allowance for tax*ayers in Finnmar: and Nord'romsAlass1 N$K 1 000 N$K 1 000Alass2 N$K 30 000 N$K 30 000

;eamenCs allowance)ate@**er limit

FishermenCs allowance)ate@**er limit

.

*ct9 *ct9

3090 *ct93090 *ct9N$K .0 000 N$K .0 000

3090 *ct93090 *ct9N$K 10 000 N$K 10 000

'he sum of the "asic allowance in wage income and of the "asicallowance in *ensionincome is limited u*wards to

the maximum "asic allowance in wage income6i9e9 N$K .16300 in 20139 'ax*ayers who only ha(e wage income shall ha(e the highest of the "asic

allowance in wage income and the s*ecial wage income allowance910 )e*laces class 2 for single *arents911 'he tax limitation rule a**lies also to single *arents6 "ut only if

they recei(e interim su**ort912 Married disa"led *ersonsthat recei(e a s*ouse su**lement6 ha(e a taxfreenet

income that is e7ui(alent to twice the taxfree net income of other married*ersons6 i9e9 N$K 233600 in 20139

/

1-


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2012 2013Ahange20122013

;*ecial allowance for selfem*loyed in agriculture6 etc9ncomeinde*endent allowance N$K -3 00 N$K -3 00llowance rate a"o(e incomeinde*endent allowance 3.90 *ct93.90 *ct9Maximum total allowance N$K 1-- 00 N$K 1-- 00

;*ecial allowance for high ex*enses related to illness8ower limit N$K / 1.0 N$K / 1.0

Maximum annual allowance for *remiums *aid toindi(idual *ension schemesN$K 1 000

llowance for tra(el ex*enses "etween domicile and wor:)ate *er :m N$K 19009,0N$K 19009,08ower limit N$K 13 /0 N$K 13 /0

Maximum allowance for donations to(oluntary organisations

Maximum allowance for la"ourunion fees etc9

N$K 12 000 N$K 12 000

N$K 3 ,0N$K 3 .029, *ct9

Eome sa(ings scheme for *eo*le under 3 #B;@%'ax deduction rate 2090 *ct92090 *ct9

Maximum annual sa(ings N$K 20 000 N$K 20 000Maximum total sa(ings N$K 10 000 N$K 10 000

arental allowance for documented ex*enses on childcare@**er limit$ne child N$K 2 000 N$K 2 000;u**lement *er additional child N$K 1 000 N$K 1 000

'axfree *er :ilometre allowance for "usiness dri(ing with *ri(ate carer :ilometre rate u* to 10 000 :mN$K 39/0N$K 9039. *ct9er :ilometre rate o(er 10 000 :mN$K 392N$K 3909- *ct9

'ax on net wealth138ocal go(ernment

'hreshold

)ateAentral go(ernment'hreshold)ate

N$K ,0 000 N$K .,0 000

09, *ct909, *ct9

N$K ,0 000 N$K .,0 000 09 *ct909 *ct9

1- *ct9

1- *ct9

13 'he threshold (alues are for single tax*ayers9 For marriedcou*les that areassessed together for assets6 the threshold

(alues are dou"le of those shown in the ta"le9

1,


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2012 2013 Ahange20122013

'ax on net wealth13'hreshold8e(el 18e(el 2)atesAhildren and *arents8e(el 18e(el 2$ther "eneficiaries8e(el 18e(el 2

Discount on shares1

N$K ,0 000 N$K ,0 000N$K .00 000 N$K .00 000

- *ct910 *ct9

. *ct91 *ct90 *ct9

- *ct910 *ct9

. *ct91 *ct90 *ct9

De*reciation ratessset grou* a #office e7ui*ment6 etc9%30 *ct930 *ct9sset grou* "

#ac7uired goodwill%20 *ct920 *ct9sset grou* c #lorries6 "uses6 (ans6etc9%20 *ct920 *ct9sset grou* d #*assenger cars6 machinery and e7ui*ment6 etc9%20 *ct920 *ct9sset grou* e #shi*s6 (essels6 rigs6 etc9%1 *ct91 *ct9ssetgrou* f #aircraft6 helico*ters% 12 *ct912 *ct9

sset grou* g #systems for transfer and distri"ution of electricity and electro technical e7ui*ment% *ct9 *ct9ssetgrou* h #"uildings and facilities6 hotels6 etc9%161- #-10% *ct9 #-10% *ct9sset grou* i #"usiness"uildings etc9% 2 *ct92 *ct9sset grou* + #technical installations in "usiness

and othercommercial "uildings% 10 *ct910 *ct9

&xem*tion card

*erson with incomes "elow the exem*tion card limit is exem*tfrom *ay

ing taxes9 'he exem*tion card limit for 2013 is 3/ /0 N$K9 'heexem*tion

card limit is "ased on the lowerlimit for the *ayment of socialsecurity con

tri"utions6 which in 2013 is 3/ -00 N$K9 ;incetax is notcollected if the total

tax *aya"le is "elow 100 N$K6 the lowerlimit for *aying tax is3/ /0 N$K9

'he discount a**lies to nonlisted shares and shares in general *artnershi*s andlimited *artnershi*s9 'he discount is

limited to an inheritance tax "asis for these :inds of shares of u* toN$K 10 millions*er "eneficiary9

;im*ly structured "uildings with an ex*ected lifetime of less than 20 yearscan "e de*reciated at the rate of 10 *er

cent9 'he rate of 10 *er cent is also a**lica"le for facilities with anex*ected lifetime of less than 20 years9

1- rate of - *er cent a**lies to animal "uildings in agriculture9

1

1


1.


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33/43

ndirect tax rates in 2012 and 2013'ax category 2012

rules2013 Ahangerulesin *ct9

alue added tax6 *er cent of sales (alue1!eneral rate)educed rate8ow rate

21.

21.

'ax on alcoholic "e(erages;*irits"ased "e(erages in excess of 09, *ct9alcohol "y (olume6 N$K *er *ct9 alcohol and

*er litre -9,2$ther alcoholic "e(erages from 9, to 22 *ct9alcohol

"y (olume6 N$K *er *ct9 alcohol and *er litre93.$ther alcoholic "e(erages u* to and including9, *ct9 alcohol "y (olume6 N$K *er litre a% 090?09, alcohol "y (olume "% 09,?29, alcohol "y (olume3900 c% 29,?39, alcohol "y (olume11931 d% 39,?9, alcohol "y (olume 1/9/

'ax on to"acco *roductsAigars6 N$K *er 100 gramsAigarettes6N$K *er 100 units;mo:ing to"acco6 N$K *er 100 grams;nuff6 N$K *er 100 gramsAhewing to"acco6 N$K *er 100 gramsAigarette *a*er6 N$K *er 100 units

Motor (ehicle registration taxassenger cars6 etc9 'ax grou* a2Height6 N$K *er :g first 1610 :g next 20 :g next 100 :g

remainder&ngine *ower6 N$K *er :H first - :H next 2 :H next 0 :H remainderN$ emissions6 N$K *er mg:mA$2 emissions6 N$K *er g:m first 110 g:m next 1 g:m #20 g:m in 2012%

next 0 g:m next ,0 g:m remainder

1

2

-9.

9-

19/

19.

390-11921/9/-

29019/19/

231231231 /3 /3391

232323 / /39.

19,19,19,292292290

3-9./.091

1-09.1.,90-

3,9/.19/

1-39/01/09-1

19/19/

19/19/

129,119,119,/91

19/19/19/19/

09000600 319002,900 ./900,/090026 220900 16 /-0900 229003900

09000900 ,0900,-900 ,-900,,090016 ,-3900 16 ,/-90026 .2/900 26 ..3900

'he change in (alueadded tax is ex*ressed in *ercentage *oints9!rou* a= assenger cars6 class 1 (ans and "uses shorter than - metres

with u* to 1, seats9 iston dis*lacement is usedas the tax com*onent for (ehicles whose A$2 emissions are not stated9

1/


34/43


35/43

'ax category 2012rules

2013rules

Ahangein *ct9

deduction for emissions under 110 g:m6(alid downto 0 g:m and only for (ehiclesemitting less than 110 g:mdeduction for emissions under 0 g:m6(alid only for (ehicles emitting under 0

g:mans class 29 'ax grou* "63 weight6 *er cent of *ri(ate car tax engine *ower6 *er cent of *ri(ate car

tax N$ emissions6 *er cent of *ri(ate car tax

A$2 emissions6 *er cent of *ri(ate car taxAam*er (ans9 'ax grou* c6 *er cent of *ri(ate car taxHeasels9 'ax grou* e6 *er cent of "asis for (aluetaxMotor"i:es9 'ax grou* f6 tax *er unit6 N$K &ngine *ower tax6 N$K *er :H first 11 :H remainder

iston dis*lacement tax6 N$K *er cm3 first 12 cm3 next ,, cm3 remainder;now scooters9 'ax grou* gHeight6 N$K *er :g first 100 :g next 100 :g remainder&ngine *ower6 N$K *er :H

first 20 :H next 20 :H remainderiston dis*lacement6 N$K *er cm3 first 200 cm3 next 200 cm3 remainder

'axis9 'ax grou* h6 weight6 *er cent of *ri(ate car tax engine *ower6 *er cent of *ri(ate car

tax N$ emissions6 *er cent of *ri(ate car tax A$2 emissions6 *er cent of *ri(ate car taxeteran cars9 'ax grou* i6 tax *er unit6 N$K Mini"uses9 'ax grou* +6-*er cent of *ri(ate car tax

,0900

.0900

222222

22

3-

106 -3

0900,392/

09003-93.0910

.1900

/--900

222222

22

3-

106 .3,

0900.292.

09003,922.19-2

.9

139-

19/

19/

19/19/

19//2/9/./9/3

3/9/.,/9/21/9.3

3913-92129/

00

100100

36 02

0

192,309-190,

09,.191-29.,

391/-93,129,3

00

100100

36 -/

0

19/19/19/

19/19/19/

19/19/19/

19/

!rou* "= Alass 2 (ans9 'he change is ex*ressed in *ercentage *oints9'he highest le(el of the A$2 com*onent does not a**ly

to grou* "9 !rou* c= Aam*er(ans9 'he change is ex*ressed in *ercentage *oints9 'he

N$ com*onent is not added9 !rou* h= 'axis and trans*ort for disa"led*ersons9 'he change is ex*ressed in *ercentage *oints9

- !rou* += Buses shorter than - metres with u* to 1, seats6 of whichat least 10 are forwardfacing9 'he change is ex*ressed in

*ercentage *oints9 'he highest le(el of the A$2 com*onent does not a**ly to grou* +9'he N$ com*onent is not added9

3

20


36/43


37/43


2013 Ahangerulesin *ct9

nnual tax on motor (ehicles6 N$K *er yearetrol (ehicles and diesel (ehicles witha factoryfitted *article filterDiesel cars without a factoryfitted

*article filterAara(ansMotor"i:es

'ractors6 mo*eds6 etc9

nnual weight"ased tax6 N$K *er year

)eregistration tax

Marine engine tax6 N$K *er h*

)oad usage tax on *etrol6 N$K *er litre;ul*hurfree,8owsul*hur.

)oad usage tax on auto diesel6 N$K *er litre;ul*hurfree/8owsul*hur10Biodiesel

&lectricity consum*tion tax6 >re *er :Hh

!eneral rate)educed rate

26 ..36 3-016 0.016 ,- 0

(aria"le

(aria"le

190

26 /036 216 10016 .00 1

(aria"le

(aria"le

1.90

19/19/19/29029

19/

19-

19/

9-/9,3

9,.9.2

19/19/

39-.39,319.

39,39.019.,

19/19/19/

1193/09

119-109

19/

Base tax on mineral oil6 etc9Mineral oil6 N$K *er litre09///Mineral oil in the wood*rocessing industry6 *roductionof colourants and *igments6 N$K *er litre0912-

'ax on lu"ricating oil6 N$K *er litre

A$2taxetroleum acti(ities6 N$K *er litre or ;m3Mineral oil6 N$K *er litreMineral oil6 high rate6 N$K *er litreMineral oil for domestic a(iation su"+ect

to

emissions 7uotas6 N$K *er litreMineral oil for the wood*rocessing6

herringmeal and fish meal industry6 N$K *er litreMineral oil for fishing and hunting incoastal waters6 N$K *er litreetrol6 N$K *er litreNatural gas6 N$K *er ;m38!6 N$K *er :g)educed rate for natural gas6 N$K *er ;m3

10

,

.

/

1901.

0912-

19/0

19/

29219.-

09/09-009,0

092

0931

090009./0909-,

090

09/-09-109,1

093

0931

091309/109-09-.

090

/9/19,19

29

29229219

etrol with a sul*hur content of 10 **m orlower9

etrol with a sul*hur content "etween 10 **mand 0 **m9

Diesel with a sul*hur content of 10 **m orlower9

Diesel with a sul*hur content "etween 10 **mand 0 **m9 21


38/43


39/43


090,,

1-9-/

2013rules

090,.

1,901

Ahangein *ct9

193

19/

;ul*hur tax6 N$K *er litre

'ax on N$ emissions6N$K *er :g

'ax on the final dis*osal of waste6 N$K *er tonne'ax on "iodegrada"le waste that is de*ositedin accordance with an exem*tion granted"y the *ollution control authorities,0

'ax on de*osits of otherwaste2.

'ax on trichloroethene andtetrachloroethene6 N$K *er :g

,/2./

19/19.

-91/ -91 19/

'ax on hydrofluorocar"ons and *erfluorocar"ons6N$K *er tonne of A$2 e7ui(alents22900

'ax on chocolate and sugar *roducts6 etc96N$K *er :g

'ax on nonalcoholic "e(eragesFinished *roducts6 N$K *er litreAoncentrate #syru*%6 N$K *er litre

;ugar tax6 N$K *er :g

'ax on "e(erage *ac:aging6 N$K *er unitBase tax on dis*osa"le *ac:aging&n(ironmental tax a% !lassand metal "% lastic c% Aartons and card"oard

;tam* duty6 *er cent of sale *rice

22/900 19.

1.921 1.9- 19/

29.1,90

,90

390-1.9-.

,91.

,9,9

19.

190-

913910192.

29

190.

92391-1930

29

19/

19/19/19-


22


40/43


41/43

hoto= GiriEa(ran

'he Norwegian Ministry of Finance is located in the !o(ernment dministration Aom*lex6 :ersgata 06 $slo9'he Ministry has , de*artments with a total of 31 em*loyees9

dministrati(e ffairs De*artement .&conomic olicy De*artment23Budget De*artmentFinancial Mar:etsDe*artment30'ax olicy De*artment,,'ax 8awDe*artment32sset Management De*artment/

'he eductional "ac:ground of our em*loyees is as follows=

No higher education O

8ess than threeyears of higher education O$ther highereducation . O

&conomy - O;ocial science,

O

8aw

30 O

He hire2?3 new em*loyees each year and areloo:ing for

s:illed economists6 lawyers and social scientists9 $ur (acanciesare ad(ertised #continually% at www9+o""ifinans9de*9no

23


42/43


43/43

Budget 201313263

1/36.

1,360

1/

6,21/6-

22,,61

2 .63

10160

0-/1 1

1- -2/

611 2-63

- -0/ 1 .

--

3,.6/Key we" sites=

Ministryof Finance= htt*=www9reg+eringen9nofin

Fiscal Budget= htt*=www9stats"uds+ettet9no

'he 'ax dministration= htt*=www9s:atteetaten9no

'he Austoms and &xcise uthorities= htt*=www9toll9no

&conomy for Pouth= htt*=www9ungo:onomi9no

u"lished "y Ministry of FinanceMailing address= 9 $9 Box .00. De*6

0030 $sloisiting address= :ersgt9 0

'ele*hone= 5 , 22 2 /0 /0

u"lic institutions may order additionalco*ies from=Norwegian !o(ernment dministration ser(icesnternet= www9*u"li:as+oner9de*9no&mail= *u"li:as+ons"estillingQdss9de*9no

11.2 -3

2200 3./ , 1/ .31 0 22

2 - ,1,

,03,

11

1 60

3/

01 -2-/ 1 -/,6.2 6-

,./2

1 /-6

01,0 /0 1-,2

,.6/

123 .001/2 3. 11/-

030,6, 31/6 /6-3,6,

,1.63602.160 2163-163-63

,/ ,1 1 .

0..13 ,.0 . 3,0 11. 13 ,.0

53 2,231.1

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