Norway

New fine for tax non-compliance: Norwegian branches at risk

The Norwegian Tax Assessment Act is effective from 1 January 2017. In addition to some significant material changes regarding tax assessment, the legislation introduces a new compulsory fine for late filing or non-compliance. Many branches are now at risk of such fines.

China Climbs Four Places in Transparency International’s 2016 Corruption Perception Index

Transparency International has launched its latest 2016 Corruption Perception Index. China’s ranking continues to improve, moving up by four places from last year’s rank of 83 to a rank this year of 79. Find out more about the other highlights.

Privacy Groups challenge EU-U.S. Privacy Shield

An attorneys' data privacy initiative brought an action against the Adequacy Decision in the CJEU claiming that the Adequacy Decision of the European Commission is null and void.

Norway – VAT news 2017

On January 1, 2017, Norway will introduce a new VAT return and new import VAT scheme.

The new global anti-bribery standard – how will your company measure up?

After several years of development, involving input from over 50 countries, the International Organisation for Standardisation (ISO) has finally published ISO 37001: Anti-Bribery Management Systems Standard - a new international standard designed to assist organisations worldwide in implementing and maintaining effective anti-bribery systems.

New Norwegian tax assessment act: These are the major changes!

The parliament has passed a new legislation to harmonise the tax authorities’ assessment of various taxes and introduced material changes on how the tax assessment should be practised.

EU political agreement on framework to stop financing armed groups through trade in conflict...

EU institutions agreed on a framework for an EU Regulation designed to ensure that minerals entering the EU have been sourced responsibly and without funding conflict and human rights abuses.

Branch in Norway? Amendments to the VAT Act

The Norwegian Government proposes amendments in the fiscal representative scheme of registration in the Norwegian VAT Register.

Compliance Benchmark 2016: Quantifying the Fundamentals

Following our summary in March 2015, we have again summarized the main compliance benchmarking surveys which have been published over the past 12 months and summarized their results.

Publication of the Blue Guide 2016: Implications for online sales and other significant changes

The EU Commission published an updated version of 'The "Blue Guide" on the implementation of EU product rules', the most authoritative EU guidance on the application of product-related directives and regulations to goods destined for the EU market.

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