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Salmon Producer Rails Against Norway's Salmon Tax


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Not since the Cod Wars have Nordic fish been so contentious.

The CEO of Mowi, the world's largest salmon producer, took a swipe at Norway's plans to introduce a 40% tax on salmon farms in an interview with the Financial Times, calling them a "dark cloud for the Norwegian salmon industry." The proposed tax is predicated on the idea that salmon farmers profit from a natural resource, and would echo the 78% tax Norway imposes on oil. To be fair, fish are pretty oily.

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Source Fool.com


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