Does the company or entity have to declare its financial accounts in Norway to the tax authorities where it is resident?

It is the tax rules that apply where the company or entity is resident for tax purposes that determine which information must be declared to the tax authorities and how the information must be provided.

The company or entity cannot avoid its duty of declaration abroad, even if information concerning financial accounts in Norway is sent to the tax authorities where the company or entity is resident. In many countries, it is a requirement that companies and entities declare financial accounts they have in Norway in an annual tax return. You must contact the tax authorities in the country concerned if there is any doubt over whether the company or entity must declare information to the tax authorities in a country.

Taxation may be regulated through a tax treaty if you have income and assets in several countries. Tax treaties that Norway has entered into with other countries can be found here.