OrbitaxNorway Revised National Budget Includes Measures for Extended VAT Rate Reduction, Beneficial Deferment Terms, and Withholding Tax for Low-Tax Countries
|Proposed Changes|Norway
The Norwegian government has presented the Revised National Budget for 2021, which is to be considered and finalized in the Storting (parliament) by the end of June 2021. With respect to taxes, several proposals are included in the revised budget.
One of the main proposed measures is a further extension of the 6% reduced VAT rate provided from 1 April 2020 in response to COVID-19 for passenge…
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