Some countries with which Norway has a tax treaty

When you are tax resident in Norway, you must declare all income and wealth you have abroad in the Norwegian tax return. Remember to register the country in which you have income and/or wealth.

Tax treaties with a number of countries

Norway has entered into tax treaties with a number of countries and agreed on where the wealth and income are to be taxed. You can find a complete overview of the countries with which Norway has a tax treaty with on the government's website.

Tax treaties that apply to real property

If you own real property in another country, you’re normally liable to tax in Norway on the wealth and income from this property. 

Note that this article applies to income from using the property, such as income from renting it out. This does not apply to gains from the sale of a property.

It may follow from the tax treaty with the country where your property is situated that the wealth or income from the property are not subject to tax in Norway. Since the wealth and income are not subject to tax in Norway, you cannot get a full deduction for all your debt and interest on debt.

When the country is not on the list

If the country is not shown on the list, it means that you’ll be taxed in Norway for any income/wealth you have abroad. You must declare everything in your tax return. If you’ve paid tax on the income and/or wealth abroad, you may be entitled to a credit deduction. Deductions for Norwegian debt and interest on debt will not be limited in the tax calculation.

List of tax treaty countries

  • Benin: Capital and income will not be taxed in Norway. No full deduction will be given for debt and interest on debt.
  • Bonaire:
    Capital and income will not be taxed in Norway. No full deduction will be given for debt and interest on debt.
  • Bosnia-Herzegovina: Capital and income will not be taxed in Norway. No full deduction will be given for debt and interest on debt.
  • Egypt: Income from property will not be taxed in Norway, but the capital will be taxed. No full deduction will be given for interest on debt, but a full deduction will be given for debt. 
  • Côte d’Ivoire (Ivory Coast): Income from property will not be taxed in Norway, but the capital will be taxed. No full deduction will be given for interest on debt, but a full deduction will be given for debt.
  • Philippines: Capital and income will not be taxed in Norway. No full deduction will be given for debt and interest on debt.  
  • Indonesia: Capital and income will not be taxed in Norway. No full deduction will be given for debt and interest on debt. 
  • Israel: Capital and income will not be taxed in Norway. No full deduction will be given for debt and interest on debt.
  • Italy: Wealth and income are not taxed in Norway. You will not be granted a full deduction for debt and interest on debt. If you only own your own home or holiday home in Italy, you’re still granted a full deduction for debt and interest on debt.
  • Kenya: Capital and income will not be taxed in Norway. No full deduction will be given for debt and interest on debt.  
  • China: Capital and income will not be taxed in Norway. No full deduction will be given for debt and interest on debt.  
  • Croatia: Wealth and income are not taxed in Norway. You will not be granted a full deduction for debt and interest on debt. If you only own your own home or holiday home in Croatia, you’re still granted a full deduction for debt and interest on debt. 
  • Malaysia: Income from property will not be taxed in Norway, but the capital will be taxed. No full deduction is given for interest on debt, but a full deduction will be given for debt.
  • Morocco: Capital and income will not be taxed in Norway. No full deduction will be given for debt and interest on debt. 
  • Mexico: The capital value of the property will not be taxed in Norway, but the income will be taxed. No full deduction will be given for debt, but such a deduction will be given for interest on debt. 
  • Montenegro: Capital and income will not be taxed in Norway. No full deduction will be given for debt and interest on debt. 
  • Pakistan: Income from property will not be taxed in Norway, but the capital will be taxed. No full deduction is given for interest on debt, but a full deduction will be given for debt.
  • Saba:
    Capital and income will not be taxed in Norway. No full deduction will be given for debt and interest on debt. 
  • Sri Lanka: Capital and income will not be taxed in Norway. No full deduction will be given for debt and interest on debt.  
  • St.Maarten:
    Capital and income will not be taxed in Norway. No full deduction will be given for debt and interest on debt. 
  • St.Eustasius:
    Capital and income will not be taxed in Norway. No full deduction will be given for debt and interest on debt. 
  • South Korea: Income from property will not be taxed in Norway, but the capital will be taxed. No full deduction is given for interest on debt, but a full deduction will be given for debt.   
  • Tunisia: Capital and income will not be taxed in Norway. No full deduction will be given for debt and interest on debt.  
  • USA:
    Capital and income will not be taxed in Norway. No full deduction will be given for debt and interest on debt.
  • Zimbabwe: Capital and income will not be taxed in Norway. No full deduction will be given for debt and interest on debt.
Important information