VAT Treatment in Connection with Transport and Deposition of CO2

• The case concerns the VAT treatment of transport, import, export, and deposition of CO2 on the Norwegian continental shelf.
• NLJV provides two types of services: transport services and deposition services.
• NLJV should calculate VAT for transport services between the capture site and the receiving facility in Øygarden.
• NLJV should calculate VAT at zero rate for transport services between the capture site outside the VAT area and the receiving facility in Øygarden.
• NLJV’s turnover of deposition services related to CO2 storage on the continental shelf is exempt from VAT.
• NLJV should calculate and pay import VAT for the transport of CO2 from the capture site outside the VAT area to the receiving facility in Øygarden.
• NLJV is entitled to deduct input VAT related to the acquisition of CO2 transport, deposition, investment, operation of the receiving facility, and other infrastructure used for CO2 transport.

Source: skatteetaten.no

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

---

---