Nordisk eTax

TAX RATES

Tax rates and limits - 2010

National insurance contribution

Earned income

   7.8 %

Pension income

3.0 %

Lower limit for paying national insurance contribution                                                

      NOK 39,600

Surtax

 Level 1 - Amounts exceeding NOK 456,400 

9.0 %

 Level 1 - Finnmark and Nord-Troms NOK 456,400             

7.0 %

 Level 2 - Amounts exceeding                                                       NOK 741,700 

      12.0 %

Tax on ordinary income

 Persons

28.0 %

 Persons in Finnmark and Nord-Troms                                                                             

     24.5 %

Maximum marginal tax rates

 Ordinary income

28.0 %

 Pay                                                                                                                                 

 47.8 %

Wealth tax

 Municipality / State                                                   NOK 0  -  NOK 700,000     

 0 %

 Municipality / State                                                   NOK 700,000  -

                    1.1 %

In Norway, it is up to each municipality to establish a tax on real property. Contact your local municipality to find out if you have to pay property tax.

TAX RATES

Tax rates and limits - 2009

National insurance contribution

Earned income

   7.8 %

Pension income

3.0 %

Lower limit for paying national insurance contribution                                                

      NOK 39,600

Surtax

 Level 1 - Amounts exceeding NOK 441,000 

9.0 %

 Level 1 - Finnmark and Nord-Troms NOK 441,000             

7.0 %

 Level 2 - Amounts exceeding                                                       NOK 716,600 

      12.0 %

Tax on ordinary income

 Persons

28.0 %

 Persons in Finnmark and Nord-Troms                                                                             

     24.5 %

Maximum marginal tax rates

 Ordinary income

28.0 %

 Pay                                                                                                                                 

 47.8 %

Wealth tax

 Municipality / State                                                   NOK 0  -  NOK 470,000     

 0 %

 Municipality / State                                                   NOK 470,000  -

                    1.1 %

In Norway, it is up to each municipality to establish a tax on real property. Contact your local municipality to find out if you have to pay property tax.