grunnrenteskatt

English translation: Tax on ground rent

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Norwegian term or phrase:grunnrenteskatt
English translation:Tax on ground rent
Entered by: Helen Johnson

16:45 Apr 12, 2004
Norwegian to English translations [PRO]
Bus/Financial - Finance (general) / annual report
Norwegian term or phrase: grunnrenteskatt
In notes to an annual report. Is this basic rate tax, or tax on landed property?
Advice appreciated!
Helen
Helen Johnson
United Kingdom
Local time: 23:01
Tax on ground rent
Explanation:
3. Statistics production
3.1. Population
The statistics include all non-personal taxpayers that come under the special rules for taxing power companies in accordance with the Taxation Act chapter 18. This tax obligation covers all companies that own hydroelectric power stations or those entitled to withdraw power. The power companies are often involved in other activities in addition to electric power production, and can thus be in another main industry than electricity, gas and water supply.

3.2 Data sources
The statistics are based on information from the Directorate of Taxes' Register of Non-Personal Taxpayers. This includes data on the basis for taxes on natural resources and tax on ground rent income, for each power station.

3.3. Sampling
Total census, cf. section 3.1.

3.4. Collection of data
The Directorate of Taxes forwards the Register of Non-Personal Taxpayers to Statistics Norway after the taxes have been calculated. In principle the registers are obtained before any complaint and amendment cases. Such cases can take a long time to settle, and out of consideration to timeliness the registers are obtained after the ordinary assessment. This has traditionally been done in November/December the year after the fiscal year that is covered.

Selected response from:

abborre
Denmark
Local time: 00:01
Grading comment
Thanks, Meatball.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1Tax on ground rent
abborre
2tax on income from land> Schedule A tax in the UK (NON-POWER STATIONS ONLY)
KirstyMacC (X)


  

Answers


59 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
Tax on ground rent


Explanation:
3. Statistics production
3.1. Population
The statistics include all non-personal taxpayers that come under the special rules for taxing power companies in accordance with the Taxation Act chapter 18. This tax obligation covers all companies that own hydroelectric power stations or those entitled to withdraw power. The power companies are often involved in other activities in addition to electric power production, and can thus be in another main industry than electricity, gas and water supply.

3.2 Data sources
The statistics are based on information from the Directorate of Taxes' Register of Non-Personal Taxpayers. This includes data on the basis for taxes on natural resources and tax on ground rent income, for each power station.

3.3. Sampling
Total census, cf. section 3.1.

3.4. Collection of data
The Directorate of Taxes forwards the Register of Non-Personal Taxpayers to Statistics Norway after the taxes have been calculated. In principle the registers are obtained before any complaint and amendment cases. Such cases can take a long time to settle, and out of consideration to timeliness the registers are obtained after the ordinary assessment. This has traditionally been done in November/December the year after the fiscal year that is covered.




    Reference: http://www.ssb.no/english/subjects/10/02/skattkraft_en/about...
abborre
Denmark
Local time: 00:01
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Thanks, Meatball.

Peer comments on this answer (and responses from the answerer)
agree  KirstyMacC (X): 'Tax on ground rent INCOME is a state tax assessed'. NB It's levied on power utilities.
46 mins
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1 hr   confidence: Answerer confidence 2/5Answerer confidence 2/5
tax on income from land> Schedule A tax in the UK (NON-POWER STATIONS ONLY)


Explanation:
The annual rep. context isn't clear. But all Nor weblinks point to a tax on natural resources & power stations.

KirstyMacC (X)
Local time: 23:01
Native speaker of: Native in EnglishEnglish
PRO pts in category: 12
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