Norway Tax Agency Clarifies Taxation of Construction of Buildings Under Own or Third-Party Management

The Norwegian Tax Administration June 5 posted online Tax Appeals Board Decision No. SKNS1-2024-42, clarifying the VAT treatment of the construction of additional residences in a cooperative property. The taxpayer sought clarification as to whether an expansion of the number of shares in the housing cooperative would trigger taxation for the unit owners. Furthermore, the taxpayer sought clarification as to whether the construction and sale of the units to the new home buyers would entail VAT-taxable activity for the unit holders in the housing cooperative. The tax office found that the taxpayer should calculate VAT on the sale and construction ...