As a replacement for the current exemption from VAT, the government proposes to introduce a subsidy scheme that will reflect an exemption for purchase amounts up to NOK 500,000.
Braadland believes that the proposal in the revised national budget does not just break with the wording in the government statement from Hurdal it is also contrary to what the budget partner SV has laid down in its own party program which states “VAT shall be phased in for the purchase amount over NOK 600,000 when purchasing new electric cars”.
Source: california18.com
Latest Posts in "Norway"
- Norway Unveils Timeline for Mandatory E-Invoicing and Digital Bookkeeping by 2030
- VAT Treatment of Norwegian Data Centre Services for Foreign Customers: Key Legal and Tax Issues
- Norway Clarifies Immediate VAT Invoicing for Demolition and Remediation Work
- Norway to Mandate E-Invoicing and Digital Accounting for Businesses by 2027
- Norway Advances Mandatory B2B eInvoicing to 2027, Introduces Phased Digital Bookkeeping Requirements














