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Budget for 2014 enacted

|Approved Changes|Norway
Norway

The Budget Bill for 2014 was enacted on 13 December 2013 by the parliament. The most important changes are:

Corporate taxation
- The planned reduction of the corporate income tax rate to 27% (currently, 28%) will proceed as planned.
- The main features of the former government's proposal on new rules limiting the deductibility of interest paid…