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Wednesday, June 3, 2026

Tag: taxes

Real estate tycoon gives fortune away

Olav Thon, the 90-year-old real estate mogul who also founded the Thon Hotels chain, delivered quite a Christmas present on Tuesday that takes his...

Tax auditors chase embassy workers

Norwegian tax authorities are trying to crack down on what they fear is widespread tax evasion among locally based employees of foreign embassies in...

LO cracks down on cash

Norway's large labour confederation LO is urging its members to use bank- or credit cards when paying for services like hair cuts and car...

Crackdown on cut-rate haircuts

Norwegian tax authorities are cracking down on hair salons, car washes and other service firms that they think are charging unrealistically low prices. In...

Multi-billionaire, Norwegian style

Hotel and real estate tycoon Olav Thon, known for his trademark wool cap and riding in a Suzuki, has re-emerged as the wealthiest Norwegian...

Norway’s VAT among world’s highest

The Scandinavian countries, including Norway, charge among the highest value-added taxes in the world, topped only by Hungary, according to fresh figures from the...

Battle begins over finance ministry

NEWS ANALYSIS: Norway's small, conservative Christian Democrats party (Kristelig Folkeparti, KrF) may end up with control over the country's powerful finance ministry in a...

Executive decries tax authorities’ raid on his firm

Kristian Siem, majority shareholder and board member of Siem Offshore, was blasting the state tax authorities over their raid last week on his company...

Tax refunds used to reduce debt

Nearly half the Norwegian population received tax refunds averaging NOK 10,000 (USD 1,600) last week, but there aren't many signs they went on shopping...

Oil industry frets over tax, prices

Norway's long-booming oil and gas industry suddenly seems to be facing new challenges on several fronts. A proposed tax hike for oil companies has...

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