Norwegian salmon farmers rise on tax cut proposal
** Shares in Norwegiansalmon farmers rise, with analysts citing Conservative Party Hoyre's proposal to cut the resource rent tax on salmon farmers from 25% to 15%
** Last year, the Norwegian parliament passed a billto impose a 25% resource rent tax on salmon farmers, down from an original government proposal of 40%
** Hoyre, the main opposition party in the Norwegian parliament, rejected the government's proposal and voted against the bill
** Fish farmers have lobbied against the tax, which comes on top of a regular 22% corporate tax, saying it hampers investment and hurts the industry
** Parliamentary elections are scheduled to be held in Norway on Sept. 8, 2025, with Hoyre leading the polls
** Shares in Mowi MOWI.OL and Salmar SALM.OL are up 3.5% and 3.3%, respectively
** Grieg Seafood GSFG.OL, Leroy LSG.OL and Austevoll AUSS.OL are also up 5.6%, 4%, and 3.2%, respectively
Reporting by Jesus Calero
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