- Implementation Timeline and Scope: Norway plans to introduce new Digital Platform Information Reporting Rules effective January 1, 2026, requiring both resident and non-resident digital platform operators to collect and report detailed seller information for activities such as rental of property, sale of goods, personal services, and rental of transportation. The first reporting deadline is expected in January 2027, with no minimum revenue threshold for reporting.
- Seller Information Requirements: Platform operators must gather and verify comprehensive seller data, including names, addresses, Tax Identification Numbers (TINs), VAT numbers, bank account details, and total transaction amounts. This aligns with the OECD Model Rules and the EU’s DAC7 directive, facilitating streamlined compliance for platforms already reporting under DAC7.
- Compliance and Penalties: Non-compliance with the reporting requirements may result in penalties, although specific enforcement details are pending. To ensure adherence, companies are advised to implement systems for accurate data collection, stay updated with guidelines from the Norwegian Tax Authority.
Source Fonoa
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