01.20.23
New VAT rate changes
As with several countries at the start of 2023, Norway is introducing some new VAT rate changes, effective 1 January 2023.
On a high-level, these include the following:
- VAT exemptions in place for the sales of electric cars registered from 2023 will be limited to cars up to NOK 500,000. For cars that exceed this amount, the excess amount will be charged at 25%.
- The VAT for electronic news services will be repealed.
- There will now be VAT on remote services supplied to non-businesses in Norway.
Norway is a compliant territory for Tungsten Network and our solution accommodates all valid VAT rates in the country.
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