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Norway 2026 Budget: VAT Changes, Electric Car Exemption Cut, CO2 Tax Increase Approved

    The Norwegian Cabinet approved the 2026 State Budget The VAT exemption limit for electric cars will be reduced to 300000 kroner in 2026 and the exemption will end in 2027 VAT loss recognition between related companies will be limited to 24 months VAT rules for goods and services traded internationally will be amended The carbon dioxide tax rate will increase for natural gas petroleum greenhouse gas emissions and fishing

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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