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Tax relief for onshore business activities
Published 6 May 2013
The Norwegian Government announces tax measures to stimulate onshore business activities. The proposals are listed below and are expected to enter into force from the income year 2014 (if not otherwise stated below).
5/6/2013
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Thommessen awarded ”Law Firm of the Year – Norway”
Chambers has proclaimed Thommessen as law firm of the year in Norway, 2013. On Thursday 25 April, Managing Partner Kai Thøgersen and Resident Partner at our London office, Lars Eirik Gåseide Røsås, received the award in London.
 - Thommessen continues to enjoy a superb reputation and a formidable deal flow, providing a comprehensive range of services to both Norwegian and international clients. The firm is unanimously lauded for its unparalleled expertise across a wide range of practice areas, such as banking and finance, capital markets, corporate/M&A, dispute resolution and energy, argues Chambers.
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New legislation limiting tax deductions for interest paid on loan arrangements between related companies
Published 18.04.2013 The Norwegian Ministry of Finance proposes new legislation limiting tax deductions for interest paid on loan arrangements between related companies. The proposal may reduce the possibility of claiming tax deduction for interest cost significantly for some companies. The new legislation is proposed to enter into force with effect as of the income year 2014. Deadline for comments are set to 24 June 2013.
The main purpose of the proposal is to limit interest deductions on cross-border loan arrangements. However the proposal is not only limited to cross-border loan arrangements and will also include loans between Norwegian taxpayers.
4/18/2013 - Skatter og avgifter
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Thommessen gains recognition in the Legal 500 EMEA guide
Our firm is ranked in Tier 1 in 11 of at total of 13 categories in this year's guide. This is a position that Thommessen has established and maintained over a long period of time.
Thommessen is ranked in the first tier within the categories Banking and finance, Corporate and M&A, Dispute resolution, Electricity, nuclear and renewable, EU and competition, Insolvency and corporate recovery, Intellectual property and TMT, Maritime law (including insurance), Offshore construction and shipbuilding, Real estate and construction, and Tax.
4/3/2013
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Thommessen has been nominated for Chambers European Awards for Excellence 2013 - Norway
 We appreciate the acknowledgement from our clients and cooperation partners that has resulted in this nomination. Chambers and Partners say: "These awards reflect a law firm's pre-eminence in key practice areas. They also reflect notable achievements over the past twelve months including outstanding work, impressive strategic growth and excellence in client service".
The awards ceremony takes place in London on 25 April 2013.
3/15/2013
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