The Norwegian government has issued a release providing an overview of the economic measures being taken in response to COVID-19. With respect to taxation, this includes the following:
- Change corporate tax regulations so that companies that are lossmaking can re-allocate their loss towards previous years' taxed surplus.
- Change the tax regulations so that owners of lossmaking companies can postpone payments of wealth tax.
- Suspend the tax on air passengers for flights in the period from 1 Jan…