Additional business income

Here you can specify costs from the income statement that are to be reversed and other items. Costs in the income statement relating to shares, units and other securities are reversed to specified fields, whereas taxable amounts for these items - where applicable - are re-entered in separate fields.

Click Show all to see all fields, including fields with a 0 value.

Field explanations

The following items are filled in on the basis of balances on relevant accounts:

Non-deductible costs (representation, dues, gifts, other)

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Positive tax expense (Only relevant for impersonal companies)

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Interest expense on determined tax (not relevant for companies with participant determination)

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Accounting write-down of shares and other financial instruments this year

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Accounting loss on realization of shares and other financial instruments

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Accounting deficit on share in Norwegian companies with participant determination

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Accounting deficit on shares in foreign companies with participant determination

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Accounting loss upon realization of share in Norwegian companies with participant determination

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Accounting loss upon realization of shares in foreign companies with participant determination

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Loss share from investment in subsidiaries, associated companies and joint ventures (not relevant for sole proprietorships)

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Reversal of impairment of financial instruments measured at fair value

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Interest expenses recorded in the income statement for ENK (only relevant for sole proprietorships)

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The following items are filled in on the basis of registrations of shares in joint ventures with participant determination (not relevant for sole proprietorships, where such income is entered directly in the tax return):

Share of taxable profit in Norwegian companies with participant determination

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Share of taxable profit in foreign companies with participant determination

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Taxable gain on realization of shares in Norwegian companies with participant determination

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Taxable gain on realization of shares in foreign companies with participant determination

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The following items are filled in on the basis of registrations under financial instruments and/or 3% income recognition (not relevant for sole proprietorships, where such income is entered directly in the tax return):

Taxable gain on the sale of shares and other financial instruments :

Taxable dividends on shares, etc. including surcharges pursuant to Section 16-30 (5) of the Tax Act

This field should be used if taxable gain from withdrawal from Norwegian tax jurisdiction has been made. The amount is retrieved from RF-1109. Business assessed as partnerships shall only fill in this field if it is marked in field 150 in RF-1109. This value is automatically transferred to RF-1167, field 0675.

3 percent of net tax-free income according to the exemption method and 3 percent of distributions from companies with participant determination

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The following records require manual registration:

Reimbursed debt interest pursuant to Tax Act §§ 2-39 (2) and 6-91

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Taxable gain on withdrawals from Norwegian tax territory

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Income supplement for conversion difference from accounting currency to Norwegian kroner

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Supplement for interest costs for which deductions are not required (not relevant for sole proprietorships)

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• Correction for proposed dividend from subsidiary/associate using the equity method (not relevant for sole proprietorships)

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• Other income supplements

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• Correction for proposed dividend from subsidiary/associate using the equity method (not relevant for sole proprietorships)

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The following items are only relevant for sole proprietorships, and are calculated automatically for these:

Income supplement for private use of a company car

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The calculated entries can be overridden.

Total additional business income is transferred to the calculation on left. Approve the values by clicking on the status symbol in the column Done.

The values are automatically transferred to the business specification.