Norway avoids financial services VAT

2 November 2016

Norway has recently announced that they will not introduce a separate financial transaction tax or charge VAT on financial services undertaken in the country. Instead they will impose a payroll tax of 5% on companies whose financial service activities are over 30% of their sales.

This means that the VAT treatment of financial services in Norway will mirror that of the European Union.


Find out more about VAT in Norway
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