Norway’s Council of State has sanctioned Act No. 123 of 22 December 2025 amending the Supplementary Tax Act which is Norway’s Pillar Two minimum tax framework for in-scope groups (EUR 750 million consolidated revenue threshold). The amendments update and clarify the domestic rules to reflect the OECD/G20 Inclusive Framework’s administrative guidance issued in June 2024 and January 2025, and to further align the Norwegian provisions with the Pillar Two GloBE Model Rules.
Key changes include:
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