Interest rate in the event of a change following a decision and self-correction
If your tax and duty demand increases, you will have to pay interest on the increase. The interest is intended to compensate for the liquidity benefit you have had. Correspondingly, you will receive an interest reimbursement if your tax and duty demand is reduced.
The interest rate on increases in tax and duty demands corresponds to Norges Bank's base rate as of 1 January plus one percentage point.
The interest rate on the repayment of overpaid tax or duties corresponds to Norges Bank's base rate as of 1 January.
|Interest rate types||1 January 2018|
|Section 11-2 Interest rate upon increase in tax and duty demand||1.50 %|
|Section 11-4 Interest rate upon reduction in tax and duty demand||0.50 %