Military history of Norway which point the kingdom of Norway reached its largest territorial extent. In 1295, Magnus VI of Norway forged an alliance with France and Scotland against England, whereby Norway undertook to supply the King of France with 300 ships and 50 000 troops. It is clear that Norway could not have the manpower to fulfill the terms of this treaty, however, it was never put to the test. In 1299, King Haakon V of Norway took the throne, and moved the capital of the country to Oslo. Haakon led an active foreign policy, aimed at increasing Norway's influence in Scandinavia. These
Taxation in Norway to capital income (income shifting). In the 2006 tax reform, the income shifting problem was solved by reducing the top marginal tax rate on labour income and introducing a dividend and capital gains tax on return above the normal return of the capital invested (shareholder model). Company shareholders were exempt from dividend and capital gains tax (exemption method), whilst proprietorships and partnerships were taxed at similar principles as the shareholder model. Taxation in Norway Taxation in Norway is levied by the central government, the county municipality ("fylkeskommune") and the municipality ("kommune"). In 2012 the total tax revenue was 42.2% of