OSLO Oct 6 Norway's rightwing government plans
to impose a five-percent payroll tax on the banking industry in
2017, it said in a budget document seen by Reuters on Thursday.
The country's general tax rate on corporate profits will be
lowered to 24 percent from 25 percent, in line with a plan
outlined previously, but the banking industry must continue to
pay the old tax rate, the proposal to parliament showed.
Unlike other industries, banks are exempt from charging
value-added taxes and the new fiscal measures are aimed at
compensating for this discrepancy.
(Reporting by Oslo newsroom)