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Norwegian Tax Agency Clarifies VAT Rules for Developers of Care Service Apartments

  • Norwegian Tax Agency issued a ruling on VAT compensation eligibility for property developers
  • Ruling applies to developers constructing apartments for health and care services
  • A company planned to build 24 apartments for 24-hour health and care services
  • The company intended to sell the building to a housing association
  • The housing association would then sell shares and apartments to eligible persons

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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