Mapping Norway Tax Codes (Accounts with SuiteTax)
Norway Tax Codes are automatically added by SuiteTax Engine when you create a Norway Subsidiary. See below for supported Norway Standard Tax Codes for accounts with SuiteTax.
If a tax code is not listed in the below table, or is listed as Unsupported, it’s not supported for use in Norway VAT Return for accounts with SuiteTax. SuiteTax tax codes are only supported as provided by NetSuite. Renaming a tax code automatically renders it unsupported.
SuiteTax Tax Code |
Rate |
Transaction Type |
Origin |
Norway Standard Tax Code |
---|---|---|---|---|
NO_ZR Zero rate for Norway |
0% |
Sales |
|
5_NO No output VAT – Zero rate |
Purchases |
Import goods |
85_NO Importation of goods, not applicable for VAT – Zero rate |
||
NO_SR Standard rate for Norway |
25% |
Sales |
|
3_NO Output VAT – Regular rate |
Purchases |
Domestic |
1_NO Input VAT deductible (domestic) – Regular rate |
||
Import |
14_NO Input VAT deductible (payed on import) – Regular rate |
|||
NO_RR Reduced Rate for Norway |
15% |
Sales |
|
31_NO Output VAT – Reduced rate, middle |
Purchases |
Domestic |
11_NO Input VAT deductible (domestic) – Reduced rate, middle |
||
Import |
15_NO Input VAT deductible (payed on import) – Reduced rate, middle |
|||
NO_SRR Super-reduced rate for Norway |
12% |
Sales |
|
33_NO Output VAT – Reduced rate, low |
Purchases |
Domestic |
13_NO Input VAT deductible (domestic) – Reduced rate, low |
||
NO_NL Not liable for tax in Norway |
|
Ignored (won’t appear in the report) |
||
NO_SR_RC Reverse charge – Standard rate for Norway |
25% |
Unsupported |
||
NO_SRR_RC Reverse charge – Super-reduced rate for Norway |
12% |
Unsupported |
||
NO_RR_RC Reverse charge – Reduced rate for Norway |
15% |
Unsupported |
||
NO_RCS Reverse charge for Sales for Norway |
0% |
Unsupported |