Norwegian Parliament Approves Revised Budget with VAT Return and Taxi Tax Elimination Measures

• Norwegian Parliament accepted Bill No. Prop. 103 LS for consideration
• Budget includes measures to require proportional return of deducted VAT for vehicle leasing and taxi businesses if vehicles are resold within four years
• Budget also eliminates one-off tax for wheelchair taxis

Source: news.bloombergtax.com

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.

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