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Norway Approves New Tax Treaty with Brazil — Orbitax Tax News & Alerts

On 18 November 2022, the Norwegian Cabinet approved the new income tax treaty signed with Brazil on 4 November 2022. The treaty will enter into force once the ratification instruments are exchanged and will apply from 1 January of the year following its entry into force. Once in force and effective, the new treaty will replace the 1980 tax treaty between the two countries.