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Of the OECD member countries Denmark, Sweden, Belgium, Italy, France, Finland and Austria had a higher tax level than Norway in 2009. 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 ...
The Norwegian Tax Administration (Norwegian: Skatteetaten) is a government agency responsible for resident registration (National Population Register) and tax collection in Norway. The agency is subordinate to the Ministry of Finance and is based at Helsfyr in Oslo .
The dual income tax was first proposed by the Danish economist Niels Christian Nielsen in 1980. He suggested that the comprehensive income tax should be replaced by a system involving a flat rate of tax on capital income - at the level of the corporate income tax rate - combined with progressive taxation of the taxpayer's total income from other sources.
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 ...
This is the list of countries by inheritance tax rates. Inheritance tax or estate tax is the tax levied upon the wealth of a person at the time of their death before it is passed on to their heirs .
The total Finnish income tax includes the income tax dependable on the net salary, employee unemployment payment, and employer unemployment payment. [18] [19] The tax rate increases very progressively rapidly at 13 ke/year (from 25% to 48%) and at 29 ke/year to 55% and eventually reaches 67% at 83 ke/year, while little decreases at 127 ke/year ...
Despite being a major oil and gas producer, Norway aims for all new cars sold to be "zero emission" starting in 2025, which is 10 years ahead of the goal set by the European Union, of which Norway ...
Main entrance to the ministry. The Royal Norwegian Ministry of Finance (Norwegian: Finansdepartementet) is a Norwegian ministry established in 1814. The ministry is responsible for state finance, including the state budget, taxation and economic policy in Norway.