Norway Tax Agency Posts Board Ruling on VAT Treatment of Home Seller Insurance, Condition Report

The Norwegian Tax Administration Aug. 10 posted online Tax Appeals Board Decision No. SKNS1-2022-43, clarifying the VAT treatment of home seller insurance and the associated condition report. Company A, a Norwegian branch of a foreign group company B, offered insurance services to sellers of residential and leisure properties based on risk assessments conducted by building inspectors on behalf of company B. The companies claimed that the insurance service with the report was a single VAT-exempt insurance benefit. The board held that: 1) the insurance service and the report were considered two separate benefits because the report constituted an independent sales ...