Happy Monday fellow aqua enthusiast! In the past two weeks, the Norwegian parliament officially approved the 25% new resource rent tax on aquaculture, equivalent to NOK 5.7 billion (USD 516 million, EUR 481 million) of tax contribution, based on current salmon prices. Shortly after the announcement, Mowi, SalMar and Grieg saw their stock prices increase, a favourable response from shareholders. Time will tell if 25% can achieve the sweet spot of value creation across coastal communities without hampering farming innovation.
aquaflow by aquablurb | May 29 - Jun 11, 2023
aquaflow by aquablurb | May 29 - Jun 11, 2023
aquaflow by aquablurb | May 29 - Jun 11, 2023
Happy Monday fellow aqua enthusiast! In the past two weeks, the Norwegian parliament officially approved the 25% new resource rent tax on aquaculture, equivalent to NOK 5.7 billion (USD 516 million, EUR 481 million) of tax contribution, based on current salmon prices. Shortly after the announcement, Mowi, SalMar and Grieg saw their stock prices increase, a favourable response from shareholders. Time will tell if 25% can achieve the sweet spot of value creation across coastal communities without hampering farming innovation.