Updates on the personal taxes and fees in the National Budget 2025
In the proposed 2025 national budget, the government suggests several changes to personal taxation. The maximum tax rate for wage earners remains at 47.4%, while the social ...
New tax on foreign income in the economic zone and continental shelf
In 2024, a new provision was introduced that extends the tax obligation to foreign companies involved in mineral activities, renewable energy, and carbon management in Norwegian ...
The 2025 Norwegian national budget: Proposed changes to the exit tax
On October 7, 2024, the Støre government presented the National Budget 2025. Key takeaways include a notable tightening of exit tax regulations. The proposed changes imply that ...
This is the Norwegian exit tax
Norway has for some years had so called exit tax rules that is triggered when a Norwegian individual tax resident emigrates from Norway with a latent capital gain on shares that ...
Corporate tax in Norway: The basics for foreign companies
The basic rule is that all Norwegian companies and foreign enterprises conducting business activities in Norway are subject to Norwegian corporate tax. In this article we'll ...
RF-1198 and RF-1199: Reporting for foreign businesses in Norway
Foreign businesses with activities in Norway are required to report their assignments and employees to Norwegian tax authorities. The report is filed through an online portal, or ...
Tax amnesty in Norway
Voluntary correction, known as a tax amnesty, is when you correct or complete information which hasn't previously been submitted or used in assessments, so that the correct tax ...
This is Norwegian Wealth Tax
Norway is one of the very few countries that imposes taxes on your net wealth. All individuals who are tax residents in Norway are liable to pay tax here on their global net ...
Hypotax in Norway: The home-based approach
Work assignments across borders are common, but it can be a problem to recruit personnel with the right qualifications for positions abroad. One reason may be the uncertainty ...
How to do a self-assessment on your tax return
The Norwegian tax assessment determines the tax basis and calculation of tax liability for the taxpayer and is based on the submitted self-assessment. Have you discovered that ...
File your extract of accounts to the Norwegian tax administration
All companies that have assets or receive income in Norway must submit an annual tax return. This annual tax return must include, an extract of accounts related to the company’s ...
Plan your taxes and avoid Norwegian wealth tax
Many foreigners working in Norway are surprised to learn that the country levies an annual net wealth tax of around 1% on worldwide assets — including homes, cars, shares, and ...