We use cookies to provide you with the best possible experience. By using Orbitax's services, you agree that we may store cookies on your device. Cookie Policy.
The AI assistant for tax questions
Track worldwide tax law changes daily
Cross-border tax analysis and data
Unify and empower your entity management
Provides compliance steps, forms & rates
Visualize and manage your entity data
Comprehensive compliance management
Audit and global tax controversy tracking
Manage reportable cross-border arrangements
Country-by-country reporting & compliance
Pillar 2 planning, reporting and compliance
Calculate US tax impact of foreign operations
Automated workflows for recurring tax tasks
Secure API connections to 3rd-party systems
Secure storage for your tax documentation
Automated tax workflows with secure APIs.
Collaborate securely on your tax data
Share This Article
|
|
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 postpone payments of wealth tax. Suspend the tax on air passengers for flights in the period from 1 January until 31 October 2020. Suspend payments of aviation charges until 31 June 2020. Reduce the low rate of VAT, which includes passenger transport,...