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by runarb
1047 days ago
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> Fines like this are a nice little tax write off, just another business expense. The fines seem to be leveled at Meta's local company in Norway. As I understand it, fines are not deductible in Norway. (I am not an accountant, and my company has never gotten a find, but looking up this in the accounting system I use, it seems it is not deductible: https://kontohjelp.fiken.no/as/medMoms/7799?sok=7799 ( in Norwegian)). |
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If a company tried I think it should be viewed as contempt of court. A company trying to get money back for which it was fined would basically be them thumbing their nose at the fine. Maybe that is why fines are not deductible.