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"Construction for sole proprietors has been historically a cash business, " Olsen said.
WSJ: AP Exclusive: Likely tax cheats flock South, West
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Mr. Olsen said he sold the work in order to fund a hotel and museum of Munch's work near the Norwegian fiord where the artist painted.
WSJ: Munch's 'The Scream' Sold to Financier Leon Black
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Earlier this year, Mr Olsen said he had decided to sell The Scream because he wanted to "offer the rest of the world a chance to own and appreciate this remarkable work".
BBC: Edvard Munch's iconic artwork The Scream sold for $120m
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Olsen said construction and real estate rental companies probably deduct more expenses that are not independently reported to the IRS. The IRS does not like those kinds of expenses because they are harder to verify without an audit.
WSJ: AP Exclusive: Likely tax cheats flock South, West
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"The CWS now recommends that the uncle takes over care of the two Indian children in the child welfare case and a Stavanger District Court will make the final decision on 17 April, " the agency's communication adviser Thomas Bore Olsen said in a statement on Thursday evening.
BBC: Norway to hand over Indian children in custody row
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Mr. Olsen has said he is selling it in order to fund a museum of Munch's work in Hvitsten to open next year.
WSJ: 'The Scream' by Edvard Munch
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Combine this finicky expectation of loss with a kind of arrogance ("They make toys out there in Silicon Valley, " Olsen famously said) and you have the makings of a great fall.
FORBES: DEC's Final Demise
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"I can't be associated with a program that has a Dave Anthony pop up, " said Olsen.
WSJ: Cycling's Minor Leagues of Doping
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"I have lived with this work all my life, and its power and energy have only increased with time, " said Olsen.
CNN: April 12, 2012 -- Updated 2054 GMT (0454 HKT)
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"I have experienced some great moments with Norway earlier in my career but it would be another thing to go to a final with Wimbledon, " said Olsen.
BBC: Tranmere out for second scalp