The Norwegian government has presented the Revised National Budget for 2021, which is to be considered and finalized in the Storting (parliament) by the end of June 2021. With respect to taxes, several proposals are included in the revised budget. One of the main proposed measures is a further extension of the 6% reduced VAT rate provided from 1 April 2020 in response to COVID-19 for passenger transport, overnight accommodation, public broadcasting, and access to cinemas, museums, amusement parks, and sporting events, among others. The reduction in the reduced rate from 12% to 6% was previously extended to 30 June...