On 18 January 2018, a release was issued from Norway's Minister of Finance, Siv Jensen, concerning the government's position on the taxation of digital companies. The release notes the limited ability of directly taxing income of such companies given current international tax rules, but that taxation through value added tax based on the destination principle is more likely. The release also notes the possibility of introducing withholding taxes on payments for digital services or a new equalization levy on certain transactions, which have been suggested in the EU. Regardless of the method to more effectively tax digital companies, however, Norway's primary goal is to find unified solutions internationally, which is seen as the key to effectively taxing multinational companies while reducing the potential for unfortunate adjustments and cases of double taxation. In this regard, Norway is actively involved in the work of the OECD and wishes to contribute to finding common solutions internationally.
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