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Norwegian Tax Commission Proposes Tax Reform

|Proposed Changes|Norway
Norway

A Norwegian tax commission has recently submitted its report to the Minister of Finance including several proposal for changes to the country's tax system. The main proposals include:

  • Reducing the corporate tax rate from 27% to 20%
  • Limiting the deduction of all interest costs to 45% of earnings before interest and tax
  • Increasing share dividends and capital gains taxation
  • Introducing withholdin…

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