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EFTA Court Holds Norwegian Interest Deduction and Group Contribution Rules Violate Freedom of Establishment

|Approved Changes|Norway-European Union
Norway-European Union

The EFTA Court issued a judgment on 1 June 2022 concerning whether Norway's limited interest deduction rules and group contribution rules violate the freedom of establishment. In the fiscal years concerned, 2014 and 2015, Norway's limited interest deduction rules provided that if net interest expenses exceed NOK 5 million, interest paid to a related party that exceeds 30% of EBITDA was not ded…

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