A dividend is defined as the free transfer of the enterprise’s earnings to the shareholders.

The Norwegian Private Limited Liability Companies Act contains rules for the conditions for the distribution of earnings from the enterprise to the shareholders. Dividends must be decided at the company’s general meeting.

Dividends that exceed the deduction for risk-free return must be adjusted upwards and taxed as general income. The upward adjustment takes place in connection with the tax calculation. See the factor for upward adjustment

See Skatte-ABC for more information (in Norwegian only).