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
LATEST NEWS
Emergency VAT measures to combat the financial impact...
Due to the negative financial impact that the Coronavirus pandemic is having on businesses all over the world, a number of tax authorities have implemented...
SEE MORE
LATEST NEWS
Chile imposes VAT on foreign electronic services
From 1 May 2020, Chile will extend its Value-Added Tax (VAT) system to cover digital services supplied by non-resident (foreign) companies to consumers in the...
SEE MORE
LATEST NEWS
Canada’s British Colombia to apply PST to e-services...
From 1 July 2020, British Colombia will introduce sales tax (PST) on sales made by non-resident providers of digital services to consumers residing in the...
SEE MORE