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Norway's Revised National Budget for 2020 Presented

|Proposed Changes|Norway
Norway

Norway's Revised National Budget for 2020 was presented on 12 May 2020. Tax related measures of the budget are largely meant to support businesses impacted by the COVID-19 pandemic and include:

  • Increased flexibility for taxpayer to request deadline extension for tax obligations due to difficulties arising as a result of the COVID-19 pandemic;
  • A reduction in the late payment interest rate to 6%…

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