- Regulation amends Value Added Tax Regulation
- Date: 04 03 2025
- Exemption through private company requires documentation:
- Seller and buyer information, date of sale, goods description, consideration including VAT, and refund amount must be digitally registered
- Buyer identification through app or card with registered information, compared to passport
- Manual registration of information is also allowed
- Export documentation:
- Traveler registers passport, boarding pass or ticket upon departure
- Sale information must be confirmed at the same time
- Goods for VAT refund must be physically inspected
- Companies refunding VAT must provide sellers with digital documentation for all transactions
- Sellers can reclaim VAT in tax return with documentation
- Companies must keep transaction information for five years after tax period ends
- Amendment enters into force immediately
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.
