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EFTA Approves Norway's Additional Depreciation for 2020 — Orbitax

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EFTA Approves Norway's Additional Depreciation for 2020

|Approved Changes|Norway
Norway

On 20 July 2020, the EFTA Surveillance Authority (ESA) has announced its approval of Norway's temporary additional 10% depreciation (from 20% to 30%) for group D assets (machinery, personal vehicles, movable furnishings, etc.) in the 2020 fiscal year.

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COVID-19 Pandemic: ESA approves temporary Norwegian rules on asset depreciation

The EFTA Surveillance Authority (ESA) has today approved…

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