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Update - Economic Measures in Norway in Response to COVID-19 — Orbitax

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Update - Economic Measures in Norway in Response to COVID-19

|Approved Changes|Norway
Norway

The Norwegian government has issued a release providing an overview of the economic measures being taken in response to COVID-19. With respect to taxation, this includes the following:

  • Change corporate tax regulations so that companies that are lossmaking can re-allocate their loss towards previous years' taxed surplus.
  • Change the tax regulations so that owners of lossmaking companies can pos…

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