Norway

Corporate - Withholding taxes

Last reviewed - 13 July 2020

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 WHT on royalties and interest, except on interest derived from primary capital certificates (‘Egenkapitalbevis’). However, please see the proposal for 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 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-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.