Norway Tax Agency Clarifies Post-Merger VAT Compensation Rules

The Norwegian Tax Administration Nov. 21 posted a statement clarifying post-merger VAT compensation rules. The taxpayer, an enterprise, merged with another company. A compensation report was submitted for the compensation claim under the taxpayer’s organization number after the merger. The Tax Office rejected the report, contending that the registration requirements weren’t satisfied, and that the claim wasn’t submitted within the transition phase. Upon review, the Tax Agency clarified that: 1) a compensation report related to a transferring or merged business’s activities prior to the merger shouldn’t be rejected on the grounds that it wasn’t submitted within the transition phase; and ...