How we can help
VIEW Tax, through strategic partnership with a Norwegian transfer pricing boutique networked in over
40 countries, can provide transfer pricing advisory and compliance services to
reduce your company’s
risk and optimize your tax position in Norway.
Transfer pricing confirmed as tax audit area of focus by
Norwegian Minister of Finance
On 3 February 2020 the Minister of Finance reaffirmed to the Norwegian Parliament that
transfer pricing remains a primary focus area of
tax audit and scrutiny for historical, current and future tax years.
Are you liable to produce documentation
In general, Norwegian taxpayers with
NOK 10 million or more in intercompany transactions in the year are
required to submit transfer
pricing
documentation.
A small group exemption to the documentation requirements is provided for taxpayers that are members of a group of companies with fewer than 250 employees worldwide AND with aggregate group revenue in the year under NOK 400 million (or an outstanding group balance of under NOK 350 million).
Feel free to
contact us if you’d like to discuss Norwegian transfer pricing considerations further.