The Ministry of Finance in June 2019 published a consultation paper concerning a proposal to repeal the exemption from value added tax (VAT) that applies for imports of “low-value goods” (currently those goods that have a value below NOK 350) and to introduce new measures providing that sellers and online marketplaces would be liable for VAT on cross-border sales of such low-value goods to consumers in Norway.
The proposed measures would be effective 1 January 2020. Read the Ministry of Finance release [PDF 201 KB]
The Ministry of Finance has proposed the following:
For more information, contact a KPMG tax professional in Norway:
Oddgeir Kjørsvik | +47 4063 9157 | Oddgeir.Kjorsvik@kpmg.no
© 2021 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.
The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.