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Oddleif Torvik

Partner

Contact
CMS Kluge Advokatfirma AS
Allehelgensgate 2, entrance A
NO-5016 Bergen
PO Box 394 Sentrum
NO-5805 Bergen
Norway
Languages Norwegian, English

Oddleif Torvik assists with advisory and transaction work (M&A) and dispute resolution broadly within the area of business law.

Torvik's industry focus is primarily on aquaculture/seafood. He also advices typically R&D driven technology enterprises, as well as E&P enterprises.

His specialist fields include Norwegian domestic tax law, international tax law, transfer pricing (OECD Transfer Pricing Guidelines and US Federal Transfer Pricing Law), accounting law (incl. IFRS), valuation issues in various legal contexts and corporate law/M&A/transaction law.

Torvik holds a PhD in transfer pricing, with a thesis on the transfer pricing of unique and valuable intangible assets (patents, trademarks, etc.) under the OECD Transfer Pricing Guidelines. Torvik's PhD-thesis has been published internationally by the IBFD. In addition to his law degrees, Torvik holds an MSc in accounting and auditing (HRS) from the Norwegian School of Economics (NHH).

Alongside his tax/transfer pricing/M&A practice, Torvik has experience from assisting in complex accounting/valuation pronged disputes. Torvik has worked for a number of years with the structuring, and implementation, of intra-group transactions, including international transactions and intra-group reorganisations.

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Relevant experience

  • 2023 - Partner, CMS Kluge Advokatfirma AS
  • 2020 - 2023 Associate Partner, CMS Kluge Advokatfirma AS (prev. Kluge Advokatfirma AS)
  • 2020 - Associate Professor II (tax law), Faculty of Law, University of Bergen
  • 2017 - Associate Professor (tax law), Dep. Accounting, Auditing and Law, NHH
  • 2017 - 2020 Senior lawyer (M&A/tax), Advokatfirmaet Schjødt AS
  • 2011 - Affiliate member, Norwegian Centre for Taxation (NoCeT), NHH
  • 2011 - 2015 PhD Research Scholar (tax law), Dep. Accounting, Auditing and Law, NHH
  • 2007 - 2017 Associate lawyer (tax), Advokatfirmaet Thommessen AS
  • 2006 - 2007 Associate lawyer (tax), Advokatfirmaet Wiersholm AS
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Awards & Rankings

Oddleif Torvik is recommended by Legal 500 within Tax.

Oddleif Torvik is one of Norway’s absolute best transfer pricing practitioners, especially when it comes to IP related matters and oil & gas. He is extremely knowledgeable, knows international tax and transfer pricing inside out, and provides his advice in a commercial context. In addition he is always available and is a great discussion partner.
Legal 500, Tax, testimonials 2022

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Lectures list

Oddleif is an active lecturer in Norwegian corporate tax law, international tax law and transfer pricing at NHH, BI and UiB. He also gives tax law presentations at other institutions as a guest lecturer and he supervises master students in tax law and transfer pricing. In recent years, he has lectured on ownership of unique and valuable IP for transfer pricing purposes at IFA (Oslo) and Skatterettslig Forum (Bergen). He also contributes actively at tax seminars arranged by NoCeT at NHH and similar events.

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Education

  • 2011 - 2016 Philosophiae doctor (ph.d.) in international tax law/transfer pricing, University of Bergen
  • 2004 - 2006 MSc Accounting and auditing (HRS), Norwegian School of Economics (NHH)
  • 2004 - 2004 Courses in financial accounting, corporate finance and economics, NHH/UiB
  • 2000 - 2002 Business administration fundamental courses, Norwegian School of Management BI
  • 1997 - 2004 Cand.jur., University of Bergen
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Feed

04/08/2023
Oddleif Torvik joins CMS Kluge as partner
We are pleased to welcome Oddleif Torvik as a new partner in CMS Kluge!Oddleif joined CMS Kluge as a partner with effect from August 1st. Oddleif is an experienced tax lawyer that has practiced tax law...