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Norway Proposes Further Postponement, Extension of Temporary Tax Payment Deferral Regime Due to Coronavirus

April 21, 2021, 5:00 AM

The Norwegian Government April 16 issued Press Release No. 24/2021, proposing a further postponement and an extension of the temporary tax payment deferral regime due to the coronavirus pandemic. The proposal clarified that: 1) the payment period for deferred taxes begins Oct. 31; 2) the payment period is extended to 12 months from six months; 3) the deferral regime is valid through June 30, with the exception of VAT due after April 12; and 4) from July 1, taxpayers may apply for deferrals under the ordinary rules. The proposal will be presented in connection with the Revised National Budget 2021. ...

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