- Norway will gradually phase out the VAT exemption for electric cars, reducing the threshold from NOK 500,000 to NOK 300,000 in 2026 and removing it entirely in 2027.
- Electric cars above NOK 500,000 will face a tax increase of NOK 50,000; lower-priced vehicles will see smaller increases.
- The changes apply to vehicles ordered before but delivered in 2026.
- The one-off registration tax for fossil-fuel cars will increase by NOK 20,000–30,000 to maintain incentives for zero-emission vehicles.
- The government cites the near-complete electrification of new car sales as justification for phasing out support, aligning with broader fiscal and environmental goals.
Source: globalvatcompliance.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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