The Labor party’s Jonas Gahr Stoere is expected to become the new prime minister of Norway, where EVs outsold fossil-fuel-powered vehicles in each month last year.
But Stoere is expected to form a coalition with parties that have vowed to introduce legislation to tax luxury EVs, with a 25-percent value added tax (VAT), because subsidies cannot be handed out forever and because the state needs those revenues.
Source: oilprice.com
Latest Posts in "Norway"
- Tax Representative in Norway and VAT Registration: A Complete Guide for Czech Companies
- Norwegian Tax Appeals Board Rules VAT Applies to Imported Services in Banking Sector
- Norwegian Tax Agency Clarifies VAT Rules for Developers of Care Service Apartments
- Norwegian Tax Ruling: No VAT Compensation for Developers of Health Service Apartments
- Norway Court Confirms VAT on Cruises in Norwegian Waters, Affecting International Passengers