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National budget 2021 - relevant topics for the shipping and offshore industry

The proposed National budget for 2021 is a disappointment for many shipping and offshore companies. Contrary to expectations, there is no ...

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National budget for 2021 - Ministry of Finance maintains proposal for introduction of withholding tax on interest, royalties and lease payments

The Government proposes in the National Budget, which was presented on 7 October 2020, to introduce a legal basis for withholding tax on ...

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Norway - Discussion paper on withholding tax -  relevance for the shipping and offshore industry

On February 27, 2020, the Ministry of Finance released a discussion paper with proposals introducing withholding tax on interest and ...

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Withholding tax on interest and royalties etc.

On February 27, 2020, the Ministry of Finance released a discussion paper with proposals for introducing withholding tax on interest and ...

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Consultation on withholding tax on interest and royalty etc.

The Ministry of Finance today sent out a consultation paper with proposals to introduce withholding tax on interest and royalty etc. The ...

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ESA has approved the Norwegian tonnage tax regime for a new 10 years period

ESA approved the Norwegian Tonnage Tax Scheme for another 10 years. The approved scheme implies certain amendments, including limitations ...

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U.S. Senate approves tax reform bill with amendments

On December 2, the Senate voted 51 to 49 to pass an amended version of the tax reform bill previously reported by the Senate Finance ...

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Proposed changes to the Norwegian tonnage tax regime: Signals from ESA for transitional rules making it possible to adjust to the proposed limitations on chartering out on bareboat terms etc.

The Norwegian tonnage tax regime constitutes lawful state aid and is approved by ESA until 31 December 2017. In connection with the ...

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New advisory opinion from the EFTA Court opens the door for cross border group contributions with tax effect

The EFTA Court has stated in a new advisory opinion as of 13th September 2017 that it may be a violation of the Freedom of Establishment in ...

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EC final decision on State aid granted to Apple in Ireland

Please read our Newsalert on the recent press release in which the European Commission announced the adoption of its final decision in the ...

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