Home / Publications / Hearing proposal for important changes in the Norwegian...

Hearing proposal for important changes in the Norwegian petroleum tax regime from 2022

13/09/2021

On the 3rd of September 2021, the Ministry of Finance released a proposal for several changes to the Petroleum Tax Act. The Government proposes a cash-based tax system, meaning that the current rules for deducting investments as tax depreciation with uplift...

Read more