Tax is a key consideration for those doing business in Norway. The regulations are often complicated and violations may have severe consequences. Norway also has some important special tax regimes, of which the most economically significant is that associated with the petroleum industry. Taxation is also a key political instrument, and as such subject to constant changes.
Tax advice is an important part of the firm’s services. Our professional tax, VAT and accountancy group is made up of skilled lawyers with expertise and extensive experience. Many of our lawyers have years of valuable work experience from the tax and VAT authorities. In addition to ongoing tax advice, including transfer pricing and international tax issues, we offer tax assistance in connection with restructuring, mergers and acquisitions and other transactions. We also have a large contentious practise, acting for clients in complaints and appeals before the tax and VAT authorities and litigation before the courts. The BA-HR tax team is actively involved in professional tax deliberations with academics as well as leaders in key industry markets within real estate, shipping, oil & energy as well as fund structuring and asset management, and possesses cutting edge insight into the special tax regimes in force for hydropower, shipping and offshore oil and gas.