Norway enacted legislation for the 2016 Budget measures on 18 December 2015. The main measures include: The corporate tax rate is reduced from 27% to 25% in 2016 (a 22% rate is planned in 2018); The ordinary individual income tax rate is reduced from 27% to 25%, and the surtax is replaced with a new progressive tax with five brackets: up to NOK 159,800 - 0% over NOK 159,800 up to 224,900 - 0.44% over NOK 224,900 up to 565,400 - 1.7% over NOK 565,400 up to 909,500 - 10.7% over NOK 909,500 - 13.7% The 8% reduced VAT rate...