The change of US government, the global economic slowdown and the Liechtenstein scandal have affected countries globally and highlighted the need to increase transparency and strengthen international cooperation on tax matters. During the past couple of years Norway has signed several exchange of information agreements and some double taxation agreements with tax havens.
The government has recently presented the fiscal budget for 2007. The budget contained, among other things, a proposal to amend the recently introduced exit tax rules for people emigrating from Norway. This update reviews the proposed amendments, which are expected to be supported by a majority of Parliament.