State Aid: Temporary extension of Norwegian tonnage tax scheme approved

11.11.2016

EN | NO

The EFTA Surveillance Authority (ESA) today approved a six-month prolongation of the current Norwegian special tax system for shipping.

The scheme entails a lower tax for maritime transport based on ship weight (“tonnage tax”), resulting in a greatly reduced rate from the standard 25% corporate tax rate. The current scheme was approved by ESA from 1 January 2007 until 31 December 2016.

ESA is now considering Norway's plans to revise and renew the scheme for ten years. The six-month extension allows the current scheme to continue until ESA has finalized its assessment of the new scheme.

For further information, please contact:
Ms. Anne Vestbakke
Head of Communications
Tel: +32 2 286 18 66
Mob: +32 490 57 63 53