Individuals resident in Norway are subject to income tax on their worldwide income unless exempt under the provisions of a treaty.
Non-residents are subject to tax on the under-noted categories of income from Norwegian sources unless exempt under the provision of a treaty:
- remuneration derived from employment in Norway for work carried out for a Norwegian source
- remuneration paid to employees resident abroad, hired out to a Norwegian source to carry out work in Norway
- income derived from business activity carried out in Norway
- remuneration derived from being a managing director or member of the board of directors in a Norwegian company
- income derived from real estate or movable assets in Norway
- income derived from the sale of shares, options, or any other type of financial instrument if considered to be business assets in relation to any business activity carried out in Norway (PE)
- dividends received from a Norwegian company.
The official currency of Norway is the Norwegian Krone (NOK).
Herein, the host country refers to the country where the expatriate is going on assignment. The home country refers to the country where the expatriate lives when he/she is not on assignment.