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Norway Says It Will Seek To Improve Maritime Sector Tax Perks

by Ulrika Lomas, Tax-News.com, Brussels

29 November 2017


On November 29, 2017, the European Free Trade Association Surveillance Authority disclosed that Norway will soon seek approval to provide enhanced tax relief for seafarers.

The Authority said that Norwegian authorities had informed it of their intention to expand the tax refund scheme for employing seafarers.

Under the present scheme, which was approved by the Authority in April 2016, ship owners get refunds of taxes and social security contributions paid for seafarers on ships in the Norwegian ship registers.

An expansion will needs the Authority's approval before it can come into effect.

TAGS: tax | Norway | social security | individual income tax | Europe

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