Tag: Norway
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Tax Administration Act § 8-13 in Norway
Section 8-13 of the Norwegian Tax Administration Act (skatteforvaltningsloven) concerns the obligation to submit a notification for registration regarding value added tax (VAT, merverdiavgift) and special taxes (særavgifter). The provision states: “Den som skal registreres for merverdiavgift eller særavgifter, skal levere melding om dette til skattemyndighetene.”(Those who are required to register for VAT or special taxes…
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Country-by-Country Reporting (CbCR) in Norway
Norway has fully adopted the OECD’s Base Erosion and Profit Shifting (BEPS) Action 13 recommendations regarding Country-by-Country Reporting (CbCR). These regulations aim to improve transparency in corporate tax practices and ensure profits are taxed where economic activities take place. This guide outlines the CbCR obligations for multinational enterprise (MNE) groups with operations in Norway, including…
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How CbC reporting is presented in Norway
Norway has been a leader in implementing country by country reporting requirements for multinational companies as part of efforts to increase tax transparency and combat profit shifting to low or no-tax jurisdictions. The country by country (CbC) reporting rules require large multinational groups to provide detailed information about their global operations and activities in every…
CbC Reporting 