On 16 March 2016, the Norwegian Ministry of Finance published draft amendments to provide for specific provisions for corporate residency with effect from the 2018 fiscal year. Currently, corporate residence is not defined under Norwegian tax law, but companies are generally treated as resident in Norway if incorporated in Norway or if effective management and control is in Norway.
The draft amendments would amend paragraph 1 of Section 2-2 of the Tax Act to provide that companies will be s…