Norway has entered into tax treaties with many countries and agreed on where the income/wealth should be taxed. If you own real property that generates any income in any of the countries in the list below, you can see how you’ll be taxed.

Even if you’re not to be taxed in Norway for the wealth/income abroad, you still have to declare it in your tax return. Mark the income as “not taxable” in the tax return. Your wealth will be correctly calculated based on the information about the property’s location.

Deductions for Norwegian debt and interest on debt will be automatically limited in the tax calculation.

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: Capital and income will not be taxed in Norway. No full deduction will be given for debt. If you only own housing or a holiday home in Italy, a full deduction will be given for interest on debt, but not for anything else.
• 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: Capital and income will not be taxed in Norway. No full deduction will be given for debt and interest on debt.If you only own housing or a holiday home in Croatia, a full deduction will be given for interest on debt, but not for anything else. 
• 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.