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Norwegian Parliament Agrees on VAT Provisions of the 2015 Budget

|Approved Changes|Norway
Norway

According to recent reports, the collaborating majority in Norway's parliament has agreed on certain provisions of the country's 2015 Budget concerning value added tax (VAT):

  • The VAT registration threshold will be kept at NOK 50,000 instead of the previously proposed increase to NOK 150,000
  • The low-value exemption threshold for imported goods will be increased from NOK 200 to NOK 350 instead o…

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