SKATTEFUNN – REPORTING

Purchase of services from related parties is limited to a maximum hourly rate of NOK 700.

Patenting costs for initial patenting for SMB (Small and Medium-sized Enterprises).

Costs for personnel managing, supporting, and overseeing the project, whether they are internal staff or hired resources.

External services and labor billed to the company and directly related to project implementation. There is no limit on the maximum hourly rate, and the invoiced amount will normally apply.

Purchase of services from abroad can be included in a deductible basis for countries that Norway has a tax treaty or information exchange agreement with.

Capital costs for the implementation of R&D projects can be included in the cost basis. It must be documented that the capital costs have been necessary to carry out the project, e.g., to finance purchased services. Capital costs can include interest costs related to loans or costs associated with raising equity.

Recruitment costs can be included for personnel managing, supporting, and overseeing the project. If you have costs for recruiting personnel specifically for a project, these costs can be included in the deductible basis. If recruitment costs are related to internal staff, it is assumed that these costs are intended to be covered by the arbitrarily calculated hourly rate.

Personell costs recorded continuously with time sheets, documenting the number of hours the company´s employees spend on each sub-goal. The hourly rate is calculated arbitrarily as 1.2 per mille * agreed annual salary, limited to NOK 700 per hour. Overhead costs and indirect costs (e.g., social costs, rent, telecommunication, IT, etc.) are considered covered by the flat rate rule for personnel costs.

Purchased equipment that is bought and necessary for project implementation can be fully expensed if it will not be used after the project is completed. If the equipment's lifespan is longer than the project's duration, the costs charged to the project should be determined based on the tax depreciation taken within the project's lifetime. If the equipment is also used for purposes other than R&D projects, such as in the company's regular production, the costs must be prorated between the R&D project and other uses.*