- Norway has released an overview of tax changes effective from 1 January 2025
- The published resolution in the Official Gazette sets the VAT rates for 2025
- VAT rates for 2025 are largely unchanged
- Standard VAT rate is 25%
- Reduced VAT rates include 15%, 12%, and 11.11%
- VAT at 25% applies to taxable turnover, withdrawals, and imports
- VAT at 15% applies to sales of food products
- VAT at 12% applies to services like passenger transport, vehicle transport on vessels, hotel room rentals, cinema admissions, broadcasting services, and museum and amusement park admissions
- VAT at 11.11% applies to sales of wild marine resources
Source: regfollower.com
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.
