Consequence of Tax Bill for Investments in Foreign Limited Partnerships (Corporate Tax).
Mondaq Business Briefing › Nbr. 2005, January 2005
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Consequence of Tax Bill for Investments in Foreign Limited Partnerships (Corporate Tax).
Originally published July 1 2005
Njaal Arne Hoyland and Frode Talmo Background Norwegian partnerships are regarded as transparent entities for tax purposes. Therefore, the income of partnerships is taxed at the hands of the partners regardless of whether the income has been distributed. In order for partnerships established abroad to be treated as transparent...See the full content of this document
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