Norway has introduced new VAT exemption provisions for private firms exporting goods, requiring stricter documentation and digital signatures for compliance. The updated regulation mandates detailed transaction records, verified buyer identification, and proper export documentation, ensuring transparency and better VAT refund processing.
Goods exported from the Norwegian VAT Area are exempt from VAT.
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Norway
Author: Nikola Novković
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Fiscal subject related
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106
Content accuracy validation date:
19.03.2025
Content accuracy validation time:
08:06h
To ensure better compliance with legal requirements and improve transparency regarding VAT refunds, new provisions have been introduced concerning the exemption for private firms and export documentation. More specifically - Section 6-25-2 is a new second paragraph that has been added to Regulation of 15 December 2009 No. 1540 to the Value Added Tax Act (the Value Added Tax Regulations).
Documentation that is needed for a private firm exemption:
- Information on the customer and seller, the date of the transaction, the description of the products, the consideration (including VAT), and the amount of the refund must all be digitally signed.
- In contrast to a passport, buyer identification via an app or card with registered information
- Information can also be manually signed.
Export documents are official records and paperwork required to facilitate and verify the export of goods from one country to another. Export documents that are needed according to the law:
- At departure, the traveler registers their ticket, boarding card, or passport.
- Confirmation of sale details must be done simultaneously.
- Items eligible for a VAT refund need to be inspected in person.
- Businesses that reimburse VAT are required to give sellers digital records of every transaction.
- With the right documents, sellers can claim VAT on their tax returns.
- Transaction data must be kept by businesses for five years following the conclusion of the tax period.
The amendment becomes effective immediately.
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