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Amendment Law to Value Added Tax Act 2009: Changes in VAT Exemptions and Refunds

  • Changes to the Value Added Tax Act have been made
  • The changes affect the exemption of VAT on electricity and energy from alternative energy sources for household use in certain counties
  • The changes also affect the VAT exemption for businesses supplying goods or services to specific international military forces and command units
  • There are new regulations regarding the return of VAT for leased vehicles used in commercial rental or passenger transport services
  • The changes come into effect immediately or on July 1, 2024
  • Owners have the option to choose whether the previous regulations regarding VAT on vehicles apply if the vehicle was acquired or leased before specific dates in 2024

Source: lovdata.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.

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