According to the HSH’s chief economist, Lars Haarveit, Norway loses NOK4.0 billion ($530m/€537m) in tax revenue annually as a result of cross-border shopping in other Scandinavian countries.
NORWAY: Government urged to lower taxes
The Confederation of Norwegian Commercial and Service Enterprises (HSH) is urging the government to reconsider reducing alcohol and tobacco taxes as Norwegian companies continue to lose trade to cross-border shopping in Sweden and Denmark.