Norway Tax Agency Posts Board Ruling Clarifying Application of Output VAT on Value of Points

The Norwegian Tax Administration April 2 posted Tax Appeals Board Decision No. SKNS1-2024-119, clarifying the application of output VAT on the base value of points upon the sale of such points. The taxpayer, a loyalty platform company, allowed members to earn points by purchasing goods and services from various issuing partners under the loyalty platform. Under the new loyalty platform, redeeming partners sold goods and services to members in exchange for points. The taxpayer sought clarification on whether it could charge output VAT on the base value of the points when selling points to issuing partners, and whether the redeeming ...