The website provides information on tax compensation and the SkatteFUNN (Tax Deduction for Research and Development in an Innovative Business) program, which allows Norwegian companies to claim tax deductions for their research and development costs.
Tax Compensation for Goods and Services
– Voluntary organizations can apply for tax compensation for goods and services, including costs that do not include value-added tax (VAT).
– The application deadline is September 2nd, and the payments are made in mid-December.
– Organizations connected to a central body must submit their applications through the central body, which may have an earlier internal deadline.
Simplified and Documented Models for Tax Compensation
– Organizations can apply for tax compensation using a simplified model based on total operating costs, or a documented model based on actual VAT costs.
– There are minimum thresholds for the application amount, which do not apply to subsidiaries or limited companies.
– Organizations can switch between the two models from year to year.
Tax Compensation for Building Sports Facilities
– Sports clubs and associations that have had costs for building or renovating sports facilities, neighborhood facilities, and outdoor facilities in the mountains can apply for tax compensation.
– The application deadline is December 1st each year.
SkatteFUNN Tax Deduction Program
– SkatteFUNN is a tax deduction program for research and development (R&D) in the business sector, administered by the Research Council of Norway.
– Companies can claim a 19% tax deduction for their R&D project costs, up to a maximum of 25 million Norwegian kroner per taxpayer per year.
– The application deadline is September 1st, and only applications submitted by this date are guaranteed to be processed within the same year.
Source: pkf.no
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
