On 12 April 2023, the Norwegian Ministry of Finance launched a public consultation on proposed amendments to the country's interest limitation rules, which generally limit the deduction of related party interest expense that exceeds 25% of EBITDA if annual net interest expense exceeds NOK 5 million. For consolidated groups, there is a higher interest expense threshold of NOK 25 million, but the deduction limitation applies for both related and unrelated party interest expenses. For the purpose of the rules, the Ministry proposes that the term interest be expanded to include costs of financial leasing agreements (lease agreements, which in reality...