CCS is often cited as a crucial technology for the world to achieve the goals of the Paris Agreement. The proposal that the Directorate of Taxes is now sending out for consultation means that all CO2 from mineral products that are captured and stored permanently is exempt from tax. The proposal also involves some minor adjustments to the existing exemption for CCS in the tax on waste incineration.
Source regjeringen.no
Latest Posts in "Norway"
- Norway Adopts New VAT Rules for Cross-Border Services in Multi-Location Entities from July 2026
- Norway Introduces New VAT Rules for Cross-Border Services Impacting Financial Sector from July 2026
- Sweden Proposes Turnover-Based Input VAT Deduction Rule for Mixed Businesses, With Specific Exceptions
- New VAT Compensation Rules from 2026: Easier Applications and Lower Costs for Local Organizations
- Amendments to the Value Added Tax Act: VAT Exemptions for Electric Vehicles and Remote Services
