Norway to raise taxes for oil firms, cut them for others oil and gas traditional industries and multinational firms profits to lower-tax countries

Norway proposed on Sunday raising taxes for the vast oil and gas sector from 2014, lowering them for traditional industries and closing a tax loophole for multinational firms that shift profits to lower-tax countries. Norway, the world’s seventh-biggest oil exporter, will lower the amount...Norway to raise taxes for oil firms, cut them for others oil and gas traditional industries and multinational firms profits to lower-tax countries