The National Budget 2024

Information about Norway's National Budget for 2024, presented to the Storting as Report no. 1 (2023-2024) on 6 October 2023. The National Budget presents the Støre Government's programme for the implementation of economic policy and projections for the Norwegian economy.

Meld. St. 1 (2023-2024)

The National Budget 2024

Report to the Storting (white paper) on The National Budget 2024 (Støre Government).

Prop. 1 LS (2023–2024)

Taxes 2024

Proposition to the Storting (bill and draft resolution) for the 2024 budget year (Støre Government).

Prop. 2 LS (2023–2024)

Resource rent tax on onshore wind power

Proposition to the Storting (bill and draft resolution) for the 2024 budget year (Støre Government).

Current

Bilde av Smøla vindkrafverk

The National Budget 2024

The Government will introduce a resource rent tax on onshore wind power from 2024

Press release 06/10/2023

The Government is today presenting a modified bill for the introduction of a resource rent tax on onshore wind power from 2024. The proposal will ensure that a larger share of the value added in the wind power industry will accrue to society as a whole. Host municipalities will be better off under the proposal. Government revenues will initially be marginal, largely due to generous transitional arrangements for existing wind farms.