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Norway Implementing Global Minimum Tax

29 November 2023

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Proposed Changes

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Norway

On 24 November 2023, the Norwegian government announced the submission of a draft bill in parliament for the implementation of the Pillar 2 global minimum tax rules in Norway from 2024. --- Norway will implement new rules for taxation of large multinational enterprises Today the Government put forward a Bill to the Norwegian parliament to implement internationally agreed rules on global minimum tax. This will deter profit shifting and ensure large business groups pay at least 15 per cent tax on their profits. The rules have been developed in an extended OECD collaboration with over 140 jurisdictions and will apply...