Norway

Corporate - Withholding taxes

Last reviewed - 30 January 2020

Corporate - Withholding taxes

Norway levies WHT on dividends. The internal WHT rate on dividends is 25%, which may either be reduced under the tax-exemption rules or by an applicable tax treaty. To qualify for the tax-exemption rules, the recipient of the dividends has to be a corporate investor resident in an EEA country and must also fulfil certain substance requirements.

Norway does not levy withholding tax on royalties and interest, except on interest derived from primary capital certificates (‘Egenkapitalbevis’). However, please see the proposal for introducing withholding tax on royalty and interest in the significant developments section. 

Dividends

Recipient

Regular rate (%)

Parent/subsidiary rate (%)

Non-treaty

25

25

Treaty:

 

 

Albania

15

5 (1)

Argentina

15

10 (1)

Australia

15

0 (11)/5 (4)

Austria

15

0

Azerbaijan

15

10 (2)

Bangladesh

15

10 (3)

Barbados

15

5 (3)

Belgium

5 (14)/15

0 (13/15)/5 (14)/15

Benin

20

20

Bosnia and Herzegovina

15

15

Brazil

25

25 (8)

Bulgaria

15

5 (3)

Canada

15

5 (4)

Chile

15

5 (5)

China, People’s Republic of

15

15

Croatia

15

15

Cyprus

15

0 (3)

Czech Republic

15

0 (3)

Denmark

15

0 (3)

Egypt

15

15

Estonia

15

5 (1)

Faroe Islands

15

0 (3)

Finland

15

0 (3)

France

15

0 (1)/5 (3)

Gambia

15

5 (1)

Georgia

10

5 (3)

Germany

15

0 (1)

Greece

20

20

Greenland

15

5 (3)

Hungary

10

10

Iceland

15

0 (3)

India

10

10

Indonesia

15

15

Ireland, Republic of

15

5 (3)

Israel

15

5 (6)

Italy

15

15

Ivory Coast (Côte d’Ivoire)

15

15

Jamaica

15

15

Japan

15

5 (5)

Kazakhstan

15

5 (3)

Kenya

25

15 (5)

Korea, Republic of

15

15

Latvia

15

5 (1)

Lithuania

15

5 (1)

Luxembourg

15

5 (1)

Macedonia

15

10 (1)

Malawi

15

5 (3)

Malaysia

0

0

Malta

15

0 (10)

Mexico

15

0 (1)

Montenegro

15

15

Morocco

15

15

Nepal

15

5 (1)/10 (3)

Netherlands

15

0 (3/14/15)

Netherlands Antilles

15

5 (1)

New Zealand

15

15

Nordic Treaty

15

0 (3)

Pakistan

15

15

Philippines

25

15 (4)

Poland

15

0 (10)

Portugal

15

5 (13)

Qatar

15

5 (3)

Romania

10

5 (3)

Russia

10

10

Senegal

16

16

Serbia (not Montenegro)

15

5 (1)

Sierra Leone

5

0 (6)

Singapore

15

5 (1)

Slovak Republic

15

5 (1)

Slovenia

15

0 (9)

South Africa

15

5 (1)

Spain

15

10 (1)

Sri Lanka

15

15

Sweden

15

0 (3)

Switzerland

15

0 (3)

Tanzania

20

20

Thailand

15

10 (3)

Trinidad and Tobago

20

10 (5)

Tunisia

20

20

Turkey

15

5 (12/14)

Uganda, Republic of

15

10 (1)

Ukraine

15

5 (1)

United Kingdom

15

0 (3/15/16)

United States

15

15

Venezuela

10

5 (3)

Vietnam

15

5/10 (7)

Zambia

0 (15)/15

0 (15)/5 (1)

Zimbabwe

20

15 (1)

Notes

  1. 25% of the capital. 
  2. 30% of the capital and an investment of no less than 100,000 United States dollars (USD). 
  3. 10% of the capital. 
  4. 10% of the voting rights. 
  5. 25% of the voting rights. 
  6. 50% of the voting rights. 
  7. 5% for over 70% of the capital; 10% for 25% to 70% of the capital. 
  8. Internal Norwegian WHT rate (i.e. 25%). 
  9. 15% of the capital. 
  10. 10% of the capital for an uninterrupted 24-month period. 
  11. 80% of voting rights for a 12 months period. 
  12. 20% of the capital provided that such dividends are exempt from tax in the other state. 
  13. 10% of the capital for an uninterrupted 12-month period. 
  14. WHT rate applies to certain pension funds. 
  15. WHT rate applies to certain governmental owned entities and bodies. 
  16. WHT rate applies to certain pension schemes.