- Norwegian Tax Administration posted Tax Appeals Board Decision No. SKNS1-2024-13 online
- Decision clarifies deductions for paid restructuring, marketing contributions, and losses on trade receivables
- Taxpayer, a parent company with subsidiaries, sought deductions and VAT refund
- Tax Office denied deduction for losses and VAT refund
- Tax Appeals Board partially upheld Tax Office’s assessment
- Additional tax was abolished, deduction granted for restructuring, marketing contributions, and loss on receivables
- Correction of input VAT was refused
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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