Norway Tax Agency Clarifies VAT Invoicing Timing Rules for Construction Projects

The Norwegian Tax Administration March 11 posted online Binding Advance Ruling No. 1/2026, clarifying VAT invoicing timing rules for construction projects. The taxpayer, a group company, was transferred a contract with its parent company to build a condominium building for a second group company, which would provide the funds for financing and act as developer. The taxpayer sought clarification whether the contract sum could be invoiced to the developer company upon delivery of the building, and whether VAT could be deferred until that time. Upon review, the Tax Directorate clarified that: 1) the VAT Act and Bookkeeping regulation generally prohibit ...