- The VAT compensation claim deadline for municipalities and private entities performing statutory municipal activities would be extended to three years.
- The option to use an annual tax period for VAT compensation would be removed; claims would instead be allocated to the relevant periodic return, though filing could still wait until year-end.
- The VAT exemption threshold for electric passenger cars would be cut from NOK 300,000 to NOK 150,000 effective 1 January 2027.
- The government says the VAT exemption for electric cars is still planned to be fully phased out from 2028.
Source: pkf.no
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.
Latest Posts in "Norway"
- Norway Phases in B2B eInvoicing Mandate Starting January 2027
- Norway’s 2027 State Budget Raises Taxes, Adjusts VAT and Environmental Levies
- Norway Mandates SAF-T Financial 1.40 from January 2027
- Invoicing Timing in Construction Contracts and Cash Credit Advances
- Norway Proposes Further Reduction of Electric-Vehicle VAT Exemption in 2027
