Revised Norwegian National Budget 2025
Today, May 15, the Støre Government presented the Revised National Budget for 2025. The revised budget does not entail major changes in taxes and duties. The key takeaway is that ...
Norwegian property tax for residence and commercial properties
Property tax (eiendomsskatt) is a local tax that Norwegian municipalities can choose to impose on both residential and commercial properties. As of now, 323 municipalities have ...
Norwegian tax rates 2025
The tax percent in Norway depend on the income and it is determined with basic income tax and bracket tax. Here are the tax rates in Norway for 2025.
How Norwegian wealth tax is affected by property ownership
Norway is one of the few countries that impose a tax on net wealth. All individuals who are tax residents in Norway are liable to pay tax on their global net wealth. This means ...
How does company car taxation work for foreign companies in Norway?
Understanding local company car taxation is essential for foreign companies operating in Norway with employees who use company cars. Norwegian tax authorities have specific rules ...
Lost crypto to fraud or hacking? You may qualify for a tax deduction!
Are you one of the unfortunate ones who have lost funds or cryptocurrency due to fraud, "rug pulls," or similar incidents? You are not alone. However, you can reduce your loss by ...
Personal taxation: Tax-free limit for surplus electricity income
The Ministry of Finance has proposed new tax rules in the 2025 national budget to sell surplus electricity from private homes. The tax-free income limit is NOK 15,000, and a ...
Changes to the tax residency rules for dispatched and NATO employees
The Government Proposes Changes to the Tax Residency Rules for dispatched and NATO Employees The government has proposed changes to the rules regarding tax residency for ...
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 ...