Norway

Corporate - Withholding taxes

Last reviewed - 24 August 2021

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.

The Parliament has adopted a 15% withholding tax rate on the gross payment on interest, royalties, and certain lease payments to related parties resident in low-tax jurisdictions with an effective date of 1 July 2021 (1 October 20201 for lease payments). Please see further information on introducing WHT 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 15 15
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-month 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.