Revised National Budget 2024: Tax changes
The Government proposes to introduce more neutral rules for the reversal of deducted VAT on passenger vehicles. The revenues from the restructuring will be used to reduce the one-off registration tax for all passenger cars and to remove the one-off registration tax for wheelchair taxis. The proposal has been circulated for consultation and follows up on the Storting’s request to “propose measures to increase the share of electric cars in the leasing market”. See press release from the Ministry of Finance.
Source Regjeringen.no
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
