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Norwegian Tax Administration Clarifies Compensation Claims for Mergers Between Limited Liability Companies

  • The Norwegian Tax Administration clarified compensation claims in mergers of limited liability companies.
  • Acquiring companies can claim compensation on invoices issued to the transferring company during the transitional period.
  • The transitional period lasts until one ordinary tax due date after the merger.
  • The principles for municipal mergers also apply to mergers between two compensation entities.

Source: news.bloombergtax.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.

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