What will the Labour Party do about the dividend tax?

Photo: The Labour Party 2017 convention (Tore Sætre, wikimedia)

23 November 2020 13:52

What will the Labour Party do about the dividend tax?

Petter Bjerksund: Has the Labour Party thought that, once again, it should be profitable to convert earned income into capital income? Or does the party intend to increase the dividend tax by 2,3 percentage points?

The Labour Party, Norway's biggest opposition, party will increase the wealth tax, increase the tax rate for high earned incomes by 1,8 percentage points, while keeping the tax rate for common income for individuals and companies unchanged at 22 %. The party remains silent about the dividend tax, Petter Bjerksund writes.

His chronicle Hva har Ap tenkt å gjøre med aksjeskatten? (in Norwegian) was published in Dagens Næringsliv on 19 November, 2020.