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Norway Consulting Amendments to Group Contribution Regime to Relax Restriction on Cross-Border Loss Offset

|Proposed Changes|Norway
Norway

The Norwegian government has Announced the launch of a public consultation on amendments to the group contribution regime to comply with a 2017 decision of the EFTA Court, which found that Norway's regime violated freedom of establishment rights in cases where there is a final loss in a subsidiary established outside Norway.

Under the regime, companies in the same group can transfer funds and equalize tax results by means of group contributions. As a general rule, the group contribution rul…

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