Oil Fund pumps up new tax principles

Norway’s huge sovereign wealth fund, which has become a powerful investor around the world, is now launching what some call “a little revolution” in tax principles and transparency. Popularly known as the “Oil Fund,” it has released an “expectation document” that basically asks the companies in which it invests to improve their tax morals and pay more tax where […]

Elder care under constant threat

Norway’s local municipal governments (kommuner) are charged with providing elder care and nursing home services, and many like Oslo have been imposing property tax in order to shore up the funding they receive from the state. Services nonetheless continue to decline in line with cost-cutting, and both providers and taxpayers are feeling betrayed. In Oslo, […]

Mayor targeted in property tax revolt

The Labour Party’s mayor in Norway’s northern city of Bodø, Ida Pinnerød, is the target of so much anger over high local property tax bills that she went along with a stunt to let residents throw cakes at her during a handball match. The stunt was cancelled this week, however, after even more negative reaction from the public. […]

Tax return rush clogs the system

So many Norwegians were logging into the state tax office’s website on Tuesday, to check how their tax returns have already been filled out by the authorities, that part of the system broke down by mid-morning. One official compared the situation to how the tram system in Oslo gets overloaded during the annual Holmenkollen ski jumping festival. […]

Spanish seafarers demand pensions

Around 200 Spanish seafarers who sailed on board Norwegian ships and paid tax to Norway are now suing the Norwegian government for pension benefits. They believe they’re entitled to pension payments from Norway, after 30 years of failing to have their demands met. Around 12,000 Spanish seafarers have worked on board Norwegian vessels since the end of […]

Norway needs to secure welfare state

NEWS ANALYSIS: Few countries are as financially fit to secure social welfare systems as Norway, which has spent the past 20 years stashing away its oil wealth for future generations. Most of that money, though, is meant to preserve pensions, so the government now needs to keep its social welfare state intact as well, amidst debate […]

Labour avoids its own property tax

The Norwegian Labour Party has found a way to avoid paying the property tax that the Labour-led Oslo city government has imposed on all other owners of property in Oslo worth more than NOK 4 million. Labour’s headquarters building in the Norwegian capital is under historic preservation orders, and Labour leaders in Oslo proposed and passed a measure in December […]

Property tax bills spark more outcry

Several cultural institutions and humanitarian organizations are the latest to be hit by new property tax bills from the City of Oslo that they claim can threaten their operations. Taxpayers in other cities and towns around Norway are also receiving shocking bills, many in areas where the local economy is thriving and the local government has […]

Court to rule on Oslo’s property tax

Oslo’s city government leaders from the Labour Party will now need to defend their new controversial property tax in court. They were sued over the questionable legality of the new tax, and officials of the Oslo City Court decided Monday that the case deserves to go to trial. The court’s decision is a preliminary victory for Norway’s national organization […]

Oslo gears up to tax fuelled vehicles

Oslo’s Labour Party-led city government is continuing its campaign to make driving as difficult and expensive as possible within the city limits of Norway’s capital. Now the city’s political leadership, keen on cutting carbon emissions, wants to impose yet another new tax, this one on owners of diesel- and gasoline-driven vehicles. Newspaper Aftenposten reported that […]