Tax on Gains from the Sale of Land – 22% or 50.6%?
Developers are constantly searching for attractive plots of land for development. The seller may, for example, be the owner of an agricultural property with a plot of land attached to the farm. The plot of land can be sold as undeveloped land or as more developed plots where the seller has incurred development costs.
Legislative Amendment Raises the Ceiling for Fines from the Norwegian Labour Inspection Authority
A legislative amendment has granted the Norwegian Labour Inspection Authority the power to impose significantly higher fines on businesses that violate the Working Environment Act. The fine, known as an administrative fee, can now be up to six million NOK or four percent of the company’s turnover. This change applies to all companies and enterprises.
The Courts’ Authority to Review Trade Unions’ Decisions on the Exclusion of Members
7th of May, the Faculty of Law at the University of Oslo organized a labor law lunch entitled “On the possibility of trade unions to exclude members.” University lecturer Niklas Selberg from Lund University gave the introductory speech, and lawyer Christopher Hansteen from Hjort gave a prepared commentary.
Clarification by the Supreme Court: Repurchase Right Excluded from the Divorce Settlement Division Basis
The main rule in separation and divorce is that the spouses’ fortunes, which are joint property, should be divided equally. In a recent decision from the Supreme Court, it was clarified how a repurchase right for shares should be treated in a divorce settlement.
Law Firm and Insurance Company Acquitted in Liability Case
In a judgment issued on April 15, 2024, the Borgarting Court of Appeal addressed whether a law firm and the firm’s insurance company were liable for damages to a former client. The former client had received assistance in connection with two disputes that arose after purchasing an apartment in 2016. Both the law firm and the insurance company were acquitted and awarded legal costs with assistance from Hjort.
“Power and Industry Boost for Finnmark” – Update from NVE
In August 2023, the government announced what is described as a “power and industry boost for Finnmark”. The government’s goal is for both more grid and new power production to be in place by 2030. On April 25, NVE held an information meeting where an update was given on NVE’s work to strengthen the grid and production capacity in Finnmark.
Hjort’s Method Ensures High Quality Investigations
Investigations are an examination method used in situations where there have been allegations of reprehensible conduct or claims thereof. With an increased focus on ethics and work environment, the number of investigations has risen, and many of them receive significant media attention.