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Tax

Our Tax group assists Norwegian and non-Norwegian clients with tax advice and tax litigation. Our specialists within tax and VAT focus on building strong and lasting client relations.

Although our clients represent many industries we have a particular expertise related to energy – including renewables, offshore, technology and real estate. Our assistance covers all tax issues and in particular corporate tax, including the special tax regimes for petroleum, shipping and power production, international tax, transfer pricing – including MAP and APA, transactions and restructuring. When needed we benefit from a global network of CMS tax advisors, including a TPs practice in Paris with more than 200 specialists applying all recognized databases for determining and documenting group internal prices.

We assist with structuring and planning in transactions and are regularly a part of CMS’/CMS Kluge’s team assisting with transactions and listings. This includes compensation- and incentive models etc. as well as drafting and negotiation of tax clause and tax opinions.

For decades we have litigated a large number of tax cases, including a number of land-mark cases before the Supreme Court, covering a.o. transfer pricing, relations between owner and company and the borderline tax avoidance/evasion. We are normally engaged on the administrative appeal level, which we find important in order to prepare the case for a possible court suit.

We are committed to providing specific and practical advice based on commercial understanding that creates value for our clients.

The client service is excellent; they are all very nice to work with.

Chambers and Partners, Tax 2020

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28/09/2022
The Nor­we­gi­an gov­ern­ment pro­poses spe­cial tax­a­tion re­gime for sea farm­ing...
On 28 Septem­ber, the Nor­we­gi­an gov­ern­ment pub­lished a pro­pos­al to in­tro­duce a spe­cial tax­a­tion re­gime on pro­duc­tion of (sal­mon and trout) sea farm­ing, as well as on­shore wind farms. It is also pro­posed...
01/06/2022
CMS Next
What’s next? In a world of ever-ac­cel­er­at­ing change, stay­ing ahead of the curve and know­ing what’s next for your busi­ness or sec­tor is es­sen­tial.At CMS, we see ourselves not only as your leg­al ad­visers but also as your busi­ness part­ners. We work to­geth­er with you to not only re­solve cur­rent is­sues but to an­ti­cip­ate fu­ture chal­lenges and in­nov­ate to meet them.With our latest pub­lic­a­tion, CMS Next, our ex­perts will reg­u­larly of­fer you in­sights in­to and fresh per­spect­ives on a range of is­sues that busi­nesses have to deal with – from ESG agen­das to re­struc­tur­ing after the pan­dem­ic or fa­cing the di­git­al trans­form­a­tion. We will also share with you more about the work that we are do­ing for our cli­ents, help­ing them in­nov­ate, grow and mit­ig­ate risk.To be able to provide you with the best sup­port, we im­merse ourselves in your world to un­der­stand your leg­al needs and chal­lenges. However, it is equally im­port­ant that you know who we are and how we can work with you. So, we in­vite you to meet our ex­perts and catch a glimpse of what is hap­pen­ing in­side CMS.En­joy read­ing this pub­lic­a­tion, which we will up­date reg­u­larly with new con­tent.CMS Ex­ec­ut­ive Team
29/03/2022
The Kruse Smith mod­el re­sur­faced after three months
On 1 Janu­ary 2022, the Nor­we­gi­an Tax Dir­ect­or­ate is­sued two state­ments re­gard­ing the tax treat­ment of share in­cent­ive schemes offered to em­ploy­ees, one of which threatened the ex­ist­ence of a widely used...
09/09/2021
Hear­ing pro­pos­al for im­port­ant changes in the Nor­we­gi­an pet­ro­leum tax re­gime...
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...
18/03/2021
Top rank­ings for Kluge in Cham­bers Europe 2020
Cham­bers Europe has pub­lished their res­ults for 2020 Kluge is once again ranked as a band 1 firm in two of our core prac­tice areas: Com­pet­i­tion/An­ti­trust: Pub­lic Pro­cure­ment and Con­struc­tion. Kluge is...
12/11/2020
Law and reg­u­la­tion of Cov­id-19 tax re­lief in Nor­way
In­form­a­tion provided by the IBA Taxes Com­mit­tee mem­bers. Value Ad­ded Tax Re­duce the re­duced VAT rate to 8% (cur­rently, 12%) with ef­fect from 1 April 2020 for the fol­low­ing:the sup­ply of pas­sen­ger trans­port...
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