Proposed amendments would close existing loopholes and enhance tax fairness.
The National Budget 2025 (published on October 7, 2024) includes proposed amendments to the exit tax rules to close existing loopholes and enhance tax fairness.
The government has now secured sufficient support in Parliament for the exit tax rules amendments (pending formal approval), which will be effective from the date of announcement.
Thor Leegaard | thor.leegaard@kpmg.no