Norway Parliament Adopts Reporting Requirements for Tax Havens

Since 2012, Norwegian companies have to report income and expenses of subsidiaries and so-called support in third countries. Several of the subsidiaries are located in countries that are often described as tax havens – countries and jurisdictions with no or very low taxes and small degree of transparency.

All the parties now decides to continue this practice by strengthening the control, reports Aftenposten. 

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