2 April 2020
From 1 April 2020, the Norwegian government has introduced changes to the Value Added Tax (VAT) rules that apply to non-resident businesses selling and shipping goods directly to consumers in the country.
Under these new rules, the VAT liability for low-value imports up to a value of NOK 3,000 (approx. £270) shifts from the consumer to the non-resident supplier. This means that subject to meeting the NOK 50,000 (approx. £4.5k) registration threshold, non-resident suppliers would need to VAT register to report and remit VAT in the country.
Please see our previous article here for further information on this new regime. You can also see the information published by the Norwegian tax authorities by clicking here.
LATEST NEWS
Danish decision on OSS compliance reinforces the...
A recent Danish Tax Appeals Tribunal decision has reinforced the importance of meeting VAT reporting obligations under the EU's One Stop Shop (OSS) regime. In...
SEE MORE
LATEST NEWS
Italy extends deadline for recovering Input VAT
Under a new legislative decree issued in August, Italy introduced a positive law for businesses registered for VAT in the country. From 1 January 2027...
SEE MORE
LATEST NEWS
Portugal clarifies VAT correction procedures and...
Portugal's Tax Authority has issued new guidance on VAT invoice corrections and introduced updates to the periodic VAT return, reflecting the country's...
SEE MORE