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The tax level in Norway has fluctuated between 40 and 45% of GDP since the 1970s. [6] The relatively high tax level is a result of the large Norwegian welfare state. Most of the tax revenue is spent on public services such as health services, the operation of hospitals, education and transportation. [7]
The tax rates displayed are marginal and do not account for deductions, exemptions or rebates. The effective rate is usually lower than the marginal rate. The tax rates given for federations (such as the United States and Canada) are averages and vary depending on the state or province. Territories that have different rates to their respective ...
Norway: 593.73: 31.27%: 185.68: 2022: ... Taxation in the United States; List of countries by tax rates; Tax rates in Europe This page was last edited on 5 March ...
We're less than two months away from rolling over into 2014, which can mean only one thing -- it's time to start thinking about taxes once again. Source: Philip Taylor, Flickr. Taxes are a ...
In this article, we are going to list the 15 countries with the highest corporate tax rates. Click to skip ahead and jump to the 5 countries with the highest corporate tax rates. More or less ...
The quoted income tax rate is, except where noted, the top rate of tax: most jurisdictions have lower rate of taxes for low levels of income. Some countries also have lower rates of corporation tax for smaller companies. In 1980, the top rates of most European countries were above 60%. Today most European countries have rates below 50%. [1]
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The Norwegian government established its own oil company, Statoil (now known as Equinor), and awarded drilling and production rights to Norsk Hydro and the newly formed Saga Petroleum. Petroleum exports are taxed at a marginal rate of 78% (standard corporate tax of 24%, and a special petroleum tax of 54%). [28]