Tuesday, October 30, 2007

Immigrants should get tax break

Norwegian business wants to offer immigrant labor tax incentives in order to attract needed manpower.

Related stories:

The Confederation of Norwegian Commercial and Service Enterprises (HSH) believes that Norway should do as many of their neighbors and offer imported workers a lower income tax rate for a period.

Highly educated immigrant manpower is now in such demand in Europe that strong measures are needed if Norway is to compete, says HSH information chief Jarle Hammerstad.

"The fight for expertise and talent has gotten tougher. Our Nordic neighbors have arrangements with lower tax for a period in order to get important employees into the country. We believe the time has come to take up the fight for manpower and introduce similar measures," Hammerstad told NRK (Norwegian Broadcasting)

(Aftenposten English Web Desk/NTB)


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