OrbitaxOrbitax

Amendments to domestic rules on avoiding double taxation (unilateral relief)

|Proposed Changes|Norway
Norway

On 15 December 2006, the Ministry of Finance proposed amendments to the Norwegian rules on unilateral relief for double taxation. If approved, the new rules will become effective on 1 January 2007; however, the rules on carry back of foreign tax credit will become effective on 1 January 2008. Details of the proposal are summarized below.

The existing princ…

Continue Reading