Income Statement 5 for businesses with limited accounting obligations and businesses assessed as partnerships with no accounting obligations
All businesses assessed as partnerships with no accounting obligations must submit Income Statement 5.
Sole proprietorships and shared liability partnerships that prepares annual financial statements in accordance with the provision of limited accounting obligation in the Norwegian Accounting Act section 3-2b can opt to submit Income Statement 5 rather than the Income Statement 2 (RF-1167). This does not apply to shared liability partnerships where one or more of the participants is a legal entity with limited responsibility.
Income Statement 5 must be submitted as an attachment to