Norway - International VAT Tax Consultancy

Norway to remove VAT exemption for pricey electric cars


Norway to remove VAT exemption for pricey electric cars. The Norwegian Government followed up on plans to remove EV subsidies when it announced the revised budget this week. First to fall is the VAT exemption on electric cars costing more than 500,000 kroner (just under 49,000 euros) as of 1 January 2023.