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Msg  1360 of 1363  at  9/28/2022 6:06:10 AM  by

RJCogburn64


Tax

With reference to press release 28 September 2022 from the Norwegian government.

The Norwegian government proposes to introduce a resource tax on salmon and trout farming of 40% with effect from the tax year 2023 for volumes above 4 000/5 000 tonnes. With this proposal, total tax rate for farming of salmon and trout will be 62%. Please note that this is a proposal which must be approved by Parliament.

That doesn't sound so good for MOWI.  I don't own now but was thinking about looking at it again as the share price falls. But I think I'll wait.....


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