- Investigation into Digital Bookkeeping and e-Invoicing: The Norwegian Ministry of Finance is investigating digital bookkeeping and e-Invoicing requirements to enhance competitiveness, improve tax compliance, and streamline reporting obligations for businesses, potentially adopting a model similar to Denmark’s mandatory e-Invoicing system.
- Existing Framework and Future Expansion: Norway has mandated e-Invoicing for Business-to-Government (B2G) transactions since 2012 and is considering extending this requirement to Business-to-Business (B2B) transactions to improve tax reporting efficiency and reduce fraud.
- Timelines and Business Preparedness: The Ministry plans to complete its investigation by mid-June 2025, but a timeline for implementing mandatory e-Invoicing has not been established. Businesses are advised to monitor updates, assess their systems for compatibility, and prepare for potential compliance requirements in the near future.
Source RTCsuite
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