When using Norway as an example of a rent resource tax often not...

  1. 2,388 Posts.
    When using Norway as an example of a rent resource tax often not mentioned is:

    It was founded in 1972 as a fully government owned company.

    The resource rent tax was introduced in 1975, while it was still 100% government owned.

    The company was floated in 2001.

    The government Norwegian government still owns 67% of Statoil.

    The resource rent tax only affects oil and gas off the Norwegian coast, not commodities.

    not very comparable are they.
 
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