What changes have been made concerning the submission of information for 2016?

From 2017, statements submitters, etc. who report via national schemes (Deposits, loans and interest, Mutual funds and Life insurance) can submit CRS/FATCA reports in their entirety via these schemes. The Norwegian Tax Administration recommends that statement submitters use national schemes. Statement submitters who are neither covered by, nor report via the abovementioned schemes must use Other financial products via a key form or as a file attachment.

In addition, gross proceeds are also obligatory for the 2016 income year with reporting in 2017.