Norway's Revised National Budget for 2022 Presented

The Norwegian government has presented the Revised National Budget for 2022. With respect to taxation, specific measures are relatively limited and include:

• An increase in the wealth tax rate for non-personal taxpayers (savings banks, cooperatives, etc.) from 0.15% to 0.25%;
• The reorganization of the support for electric vehicles (cars), with the repeal of the VAT exemption from 1 January 2023, which is to be replaced with a subsidy scheme that provides a level of support that corresponds t…