On 12 April 2023, the Norwegian Ministry of Finance launched a public consultation on proposed amendments to the country's interest limitation rules, which generally limit the deduction of related party interest expense that exceeds 25% of EBITDA if annual net interest expense exceeds NOK 5 million. For consolidated groups, there is a higher interest expense threshold of NOK 25 million, but the deduction limitation applies for both related and unrelated party interest expenses.
For the pur…