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The impact of Norway's tax change on assets and companies


The impact of Norway's tax change on assets and companies

Report summary

This Wood Mackenzie presentation looks at the effect of the first increase in Norwegian petroleum tax in 20 years.  The Government announcement in May 2013 stated that the marginal rate of 78% will not change, but capital uplift will be reduced.  We estimate the overall impact will increase government take by NKr 27 billion (US$4.5 billion). We still expect all planned and sanctioned projects to continue following the tax change.  But marginal projects such as Hod redevelopment, Aasta...

What's included?

This report includes 2 file(s)

  • The impact of Norways tax change on assets and companies.pdf PDF - 1.89 MB
  • The impact of Norways tax change on assets and companies.xls XLS - 93.00 KB

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

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