Norwegian and foreign businesses involved in supplies of health related products or services, are frequently facing challenges with optimizing their VAT and import VAT treatment. The interpretation of the Norwegian VAT rules that are relevant for the industry are rather complex. In addition, businesses engaged in cross-border trading of medical products (or services) are also required to adapt to the VAT legislation and principles abroad (e.g. in the EU). Depending on the nature of their business, the players in the health industry must also ensure compliance with other regulatory requirements, e.g. in relation to public tender procedures and necessary licenses / permits.
Source: PwC
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