Income and wealth abroad
If you're tax resident in Norway, you're liable to pay tax to Norway on all the income and wealth you have in Norway and abroad. You must report this in your Norwegian tax return.
You may claim a deduction in Norwegian tax for tax you’ve paid abroad.
Does this apply to me?
This applies to you if you have income or wealth abroad.
What you need to do
You can log in to the tax return and report your foreign income and wealth for the previous income year.
You can state the amount in NOK or foreign currency.
The sections below show what applies to the different types of income and wealth.
If your income or wealth is from 2022, 2023 eller 2024, you can change your tax return for that income year.
If your income or wealth is from 2021, you can avoid additional tax by applying for voluntary correction (so-called tax amnesty). You can submit an appeal to make a change 10 years back in time.
Norway has its own rules for avoiding double taxation. How you avoid double taxation depends on the Norwegian Taxation Act and the tax treaty between Norway and each country.
Types of income and wealth abroad
Log in to the tax return, go to "Employment, national insurance and pensions" and enter the amount, the type of pension, and the country it's paid from. Not everyone is required to pay national insurance contributions on pensions paid abroad. If you're not sure, you must check with Nav what applies to you.
Log in to the tax return, go to "Employment, national insurance and pensions" and enter the amount you’ve earned from work abroad. Not everyone is required to pay national insurance contributions on salary earned abroad. If you're not sure, you must check with Nav what applies to you.
Specific rules apply to cross-border commuters and some other groups of workers, such as seafarers, aircrew, offshore workers, and public sector employees.
Business income means the result of your business activity: income from the sale of goods or services minus expenses and deductions.
If you've got business income abroad, you must report this income in the business information.
If you've got business income in Norway and abroad, you must report all the income in the business information.
If you've paid tax abroad on the foreign business income, you can claim a credit deduction. You must create and complete the following card in the tax return:
This is what you must fill out:
- the country the business income comes from
- the total operating revenue in the relevant country
- the total operating costs in the relevant country
- the total financial income and/or financial costs in the relevant country
Remember to also include all the income and costs stated under "Basis for credit deduction on business income abroad" in the business information.
Her fyller du ut:
- I hvilket land inntektskatten er betalt
- Inntektsskatten som er betalt i det aktuelle landet
When you have completed both “Basis for credit deduction for business income abroad” and “Credit deduction / tax paid abroad”, you will see the calculated credit deduction under “Summary and tax calculation”.
Learn about the tax rules that apply and whether you can claim any deductions when you own a property abroad.
Have you sold, inherited or taken on a property abroad?
Learn about the tax rules that apply and whether you can claim any deductions.
Do you rent out a property abroad?
Learn about the tax rules that apply and whether you can claim any deductions.
This is what you must do:
1. Register the taxable value of shares and securities in your tax return
Enter the value as at 31 December of the income year.
2. Register taxable dividends on shares and mutual funds (share component)
If you’ve received dividends on shares or mutual funds, you register the total sum of dividends in your tax return. If you are claiming a deduction for risk-free return, you must register this in your tax return also.
3. Enter gains or losses on the sale of shares and other securities
Foreign banks/fund managers do not usually issue profit/loss statements at the sale of shares. Therefore, you must calculate this yourself, according to Norwegian rules. You can claim a deduction for risk-free return in this calculation.
This is how you calculate gains or losses:
- Find the value of the share/security at the time of purchase (input value). If you own several shares/securities of the same type, you must use the “first in, first out” (FIFO) principle.
- Convert the input value to Norwegian kroner (NOK). You must use the currency exchange rate at the time of purchase.
- Find the sales price of the share/security and convert it to NOK. You must use the currency exchange rate at the time of sale.
- Any costs must also be converted to NOK. You must use the currency exchange rate at the time of paying the costs.
- Gain or loss = Value of sale in NOK – input value in NOK – costs in NOK – possible deduction for risk-free return.
You enter gains or losses in connection with the sale in your tax return.
4. Register interest income from funds, bonds, etc.
If you receive interest income from securities funds, bonds, or other interest-bearing securities, you must enter this in your tax return.
I’ve paid tax abroad and want to claim a deduction in Norwegian tax
Whether you’re entitled to a deduction for tax paid abroad, depends on the tax treaty between Norway and the country in question.
If you’re claiming a credit deduction, you must enter this in your tax return.
Documentation requirements
You are not required to attach any documentation to the tax return, but you must be able to present it if we ask you to.
If you believe you’re entitled to a deduction in your tax in Norway, you must be able to document tax payments abroad.
The documentation must originate from the tax authorities of the country in question, and show:
- the relevant income year
- that the tax has been finally assessed, not merely provisionally calculated
- that the tax has been paid
- the type of tax you’ve paid (tax on wealth or income)
The Norwegian Tax Administration can demand that any documentation in a non-Nordic language is translated into Norwegian or English by an authorised translator.
If you have a foreign bank account, you must state the amount you have in the account on 31 December and any interest income for the entire year.
You can find information on whether you have interest income, whether you must pay tax on the interest, whether you're entitled to a deduction, and how to avoid double taxation in the tax wizard for interest income abroad. The wizard is in Norwegian only.
If you own, have sold, mined or bought cryptocurrency, we can help you register this in your tax return.
If you've used foreign digital banks to make payments or receive income, this information will not be pre-filled in your tax return.
If you've received salary, business income, or other income during the year, or if you have a balance (wealth) in a foreign digital bank as at 31 December, you're responsible for reporting this information yourself.
Revolut and Monzo are examples of all-digital banks.
If you've used foreign online transfers and payments, such information will not be pre-filled in your tax return.
If you've received salary, business income, or other income during the year, or if you have a balance (wealth) with a foreign online payment service as at 31 December, you're responsible for reporting this information yourself.
Paypal, Wise and Stripe are examples of online payment services.
If you've used digital wallets with foreign payment cards or accounts, such information will not be pre-filled in your tax return.
If you've received salary, business income, or other income during the year, or if you have a balance (wealth) on a digital wallet abroad as at 31 December, you're responsible for reporting this information yourself.
Apple Pay and Google Wallet are examples of digital wallets.
Dokumentasjon
Hvis du mener du har krav på fradrag i skatten i Norge, må du kunne dokumentere betalt skatt i utlandet.
Du skal ikke legge dokumentasjonen ved skattemeldingen, men du må kunne gi oss den hvis vi ber deg om det.
Dokumentasjonen må være fra skattemyndighetene i landet det gjelder, og vise:
- hvilket inntektsår skatten gjelder
- at skatten er endelig fastsatt, ikke bare foreløpig beregnet
- at skatten er betalt
- hvilken type skatt du har betalt (formue- eller inntektsskatt)
Skatteetaten kan kreve at dokumentasjon på annet språk enn nordisk, skal oversettes til norsk eller engelsk av offentlig godkjente translatører.