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News
The Legal 500
The international rating agency "Legal 500" has just released its annual review of leading Norwegian law firms
Norway: Consultation paper on tax treatment of reorganisations
The Ministry of Finance recently presented a consultation paper regarding changes in the Norwegian Tax Act with respect to various forms of reorganisations, including mergers and demergers, which will influence both national and international reorganisations subject to the Norwegian Tax Act.
The National Budget for 2010: Proposed changes in taxation rules
On 13 October 2009, the Government presented its proposal for the National Budget for 2010. As expected, the budget contains few significant proposals for revisions of business and industry taxation, but there are inter alia proposals on changes regarding valuation of dwelling and business property which has not been let out. The Ministry of Finance also proposes to follow up some of the recommendations from the Tax Evasion Committee (“Skatteunndragelsesutvalget”), presented in its report earlier this year. Below is a further description of the most important, proposed changes: