Effective January 1 2000, a new Norwegian Tax Act came into force. The new act replaces both the old General Tax Act and Company Tax Act as well as several other special acts and provisions, including parts of the parliament's annual tax resolution. The new Tax Act is a technical revision of the old legislation and involves, in principle, no material changes. Budget amendments for 2000 have also been announced, and are described below.
February 01 2000