Europe
Norway: tax at a glance
Worldwide taxation, with progressive income tax reaching ~47%. It is one of Europe's few remaining net wealth taxes, paired with a 22% corporate rate and a 2024 exit tax that targets emigrating shareholders.
Worldwide (residence-based)
Last verified
Ways to relocate to Norway
The residency and citizenship routes that lead here, weighed against the tax picture above.
The taxes
- Personal income (top)
- ~47.4%A flat 22% base tax, plus a progressive bracket tax (trinnskatt) of up to 17.7% and ~7.7% employee national insurance. Combined, the top rate on salary reaches ~47.4%.
- Corporate income
- 22%
- Capital gains
- 37.84% on shares and dividends (22% multiplied by a 1.72 factor), and 22% on other capital income.
- VAT / MVA (VAT)
- 25%
- Dividends (WHT)
- 25%
- Interest (WHT)
- 15% for related parties in low-tax jurisdictions, otherwise 0%.
- Royalties (WHT)
- 15% for related parties in low-tax jurisdictions, otherwise 0%.
- Social security (employee)
- 7.6%
- Social security (employer)
- 14.1%
- Wealth tax
- 1.0% above NOK 1.9m, split between municipal (0.35%) and state (0.65%), rising to 1.1% above NOK 20.7m.
- Inheritance / estate
- None. Abolished in 2014.
- Property tax
- An optional municipal property tax of up to 0.7%, capped at 0.4% on homes.
- Other
- A net wealth tax, plus an exit tax on latent share gains above NOK 3m.
How the system works
- Tax system
- Worldwide (residence-based)
- Foreign income
- Taxed (worldwide)
- Taxes by citizenship
- No
- Exit tax
- Yes, leaving has a cost
- CFC rules
- Yes
- CRS
- Participating
- Special regime
- The PAYE scheme: a flat 25% for foreign workers.
The rates below are indicative headline figures (top marginal, standard, and headline rates), reviewed 2026-07. Brackets, surcharges, and state, provincial or cantonal taxes vary. Treat this as a reference map, not advice.