Norway - Budget for 2009 – Tax Increases in a Bear Market
- Thor Leegaard
- European Taxation, 2009 (Volume 49), No 2
- 1 February 2009
In this note, the author provides details of the Budget for 2009. The most important changes are to net wealth tax, gift and inheritance tax, the exemption method in respect of the dividends and gains of corporate taxpayers and exit taxation. There are also changes to tonnage tax and the customs regime. Unless otherwise indicated, the changes apply from 1 January 2009.