Norwegian Winnings May be Taxed
By Linda
As reported by the (Norway) Aftenposten: “Gambling Norwegians may soon have to start paying tax on any amounts they win in local lotteries. European Free Trade rules are demanding that either local tax be imposed, or exemptions granted on winnings from foreign lotteries.

“The European regulators, according to newspaper Aftenposten, claim Norway now gives a clear advantage to its domestic lottery programs by exempting their winnings from tax. Winnings from lotteries overseas, meanwhile, are taxable when their value exceeds NOK 10,000 (US$1,293).

“That, the regulators claim, violates the European Free Trade Agreement (EFTA). They're giving the Norwegian government three months to equalize taxation, before they launch legal action.

“…Jan Tore Sanner of the Conservative Party, which shares government power with the Christian Democrats and the Liberal Party, wants to wait to see whether legal action is taken. He said he and his government colleagues `should avoid’ more taxation.

“…Energy Minister Einar Steensnaes of the Christian Democrats told newspaper VG on Thursday that the government had `very limited’ room to offer much tax relief. `We'll try,’ he said, but added that deductions for charitable contributions and lower property tax may be all the government can offer…”


 
 
 
 
 
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