Norway MOF Seeks Comments on Proposal to Extend Deadline for Submitting VAT Compensation Claims

The Norwegian Ministry of Finance Nov. 29 opened a consultation on a proposal to extend the deadline for submitting VAT compensation claims by specified taxpayers, including certain private enterprises. The proposal includes measures to: 1) extend the deadline to three years after the end of the applicable tax period; 2) extend the deadline to five years for the Tax Authority to correct errors discovered by taxpayers after the three-year claim period; 3) calculate interest from three weeks after the original tax return filing date; and 4) repeal voluntary correction rules and introduce an exemption from additional tax for amending errors. ...