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Revised National budget 2018 – Corporate taxation, VAT and personal taxation

  The Revised National Budget was presented today at 1045 am, and provides few surprises. The main message is that the government is ...

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Does Country-by-Country Reporting notification apply to branches?

  Yes and No. Country-by-Country Reporting (“CbCR”) notification requirements in Norway exclusively apply to tax residents, cf. Tax ...

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Tax treaties need a safety valve

Transfer Pricing is a hotter topic than ever before. Norwegian Tax Authorities scrutinize intra-group transactions, and often claim that ...

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Postponement of new documentation requirements for reduced withholding tax

The Ministry of Finance has decided to postpone the introduction of new documentation requirements for reduced or zero withholding tax rate ...

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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 requirements for applying a reduced dividend withholding tax rate

  On January 1 2018, Norway introduces new requirements for applying a reduced or zero withholding tax rate on dividend distributions to ...

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National budget 2018 - Corporate taxation, VAT and personal taxation

The national budget for 2018 was presented on 12 October 2017. This article provides an overview of the main proposals regarding corporate ...

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Valuable tax and VAT information in more than 150 countries

Worldwide Tax Summaries - Corporate Taxes 2017/2018 provides a practical and detailed overview of tax and VAT in more than 150 countries. ...

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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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The Multilateral instrument for implementation of BEPS measures is signed

The BEPS project shows progress: the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (MLI) was signed by ...

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Country-by-Country notification in Norway

Country-by-Country Reporting is implemented in Norway with effect from FY16. Deadline for submitting the FY16 report is December 31, 2017. ...

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