Yngve Slyngstad, managing director of the Norwegian Government Pension Fund Global, presents the fund's third quarter results in Oslo October 25, 2013. REUTERS/Hakon Mosvold Larsen/NTB Scanpix
OSLO (Reuters) - Norway will take a first step this week toward using its $850 billion (578 billion pounds) sovereign wealth fund, the world's biggest, as a tool to combat the use of tax havens, two key members of parliament's finance committee told Reuters on Wednesday.
The country's right-wing minority government will be asked to take a two-pronged approach to regulation, examining both the fund's own use of ownership structures designed to cut its liability for tax on its foreign investments as well as that of companies it invests in, the politicians said.
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