Tax for growth

We are all about paying our taxes. When we say change the taxes, what we want is for our tax system to encourage growth. As it is now, growth companies are slowed down or staggered due to taxes that often do not make sense.

We do not want to lower taxes, but we want them to be used strategically, as the state of Norway already does for both the oil and gas industry and the shipping industry.

Our goals are decided by NAST members through our general assemblies. When deciding on our policy suggestions, our members use a set of principles to guide them, see below.

We want

To introduce a more ambitious option scheme. It should apply for companies with up to 1000 employees and NOK 10 billion in asset limit

To change the exit tax to keep international talent

Fortune taxes to not affect startups

Expand and simplify today’s KapitalFUNN possibility to give 50% tax relief for investments in startups for up to NOK 2 million per year, and 30% tax relief for investments in scaleups for up to NOK 10 million per year

Our principles for policy

  • Focus on tomorrow's industry

    There is limited access to early phase funding in Norway compared to other nations. Meanwhile, we know that access to this type of funding is crucial for good ideas to become startups, that become cornerstone industry leaders. Public capital and private pension capital should be allowed to invest in unlisted companies, while tax policies ensures it is as lucrative to invest in startups and scale ups as it is in other companies.

  • Avoid taxing money you don't have

    Meaning unrealized gains and illiquid funds. We believe it is a key principle that you should be able to pay your taxes without it bankrupting you.

  • Ensure predictability

    Our tax system needs to be predictable. Rapid changes to it creates loopholes and unclarity. We are firm believers in a tax settlement across party lines that ensures stability for at least the next 10 years.

  • Avoid loss of efficiency

    All taxes lead to some loss of efficiency. Taxing income reduce employment, while taxing companies make it less attractive to invest. A founding principle to our tax system should be for the taxes to increase efficiency, not hinder it.

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