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25 January 2021

On 7 October 2020, the Norwegian Government presented the state budget for 2021. As expected, a proposal to introduce withholding tax on interest and royalties was presented.

03 August 2020

The retail sector has been very seriously affected by lockdown measures and new restrictions for the “new normal” in Europe. Many businesses have struggled to meet rental payments on their commercial leases. European legislators have put in place special regulations for commercial premises, take...

07 April 2020

The Norwegian Government has implemented several measures to help our businesses through this corona-period and to prevent businesses having to file for bankruptcy. 

07 January 2020

Under current Norwegian law, importation of goods from abroad is in general free of duties and VAT, provided the value of the goods is less than NOK 350 including freight and insurance costs. This exemption is however not applicable for tobacco and alcohol.

08 May 2019

As our lives become more digital and our homes are filled with SMART devices connected to the Internet, we introduce technology dependence and new vulnerabilities. The Internet of Things (IoT) paradigm opens an eldorado for cyber criminals as consumers do not know how to protect their devices...

13 December 2018

With effect from 1 January 2017 all cash register systems have been required to comply with the Norwegian Cash Register Systems Act and associated Cash Register Systems Regulations. All those with a duty to keep accounting records must have a cash register system that complies with the new...

13 December 2018

New rules for the taxation of benefits in kind come into force on 1 January 2019. Here is an overview of the most important changes, as well as some details of issues yet to be clarified.

13 December 2018

Since 1 January 2017, suppliers to the Norwegian market have been subject to the Cash Register Systems Act and the Cash Register Systems Regulations. This legislation, which we discuss in further detail in a separate blog post intended for bookkeepers, is introduced to prevent the possibility of...

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