Norway Corporate Income Tax
Detailed corporate income tax rates and rules for Norway in 2026.
Norway levies corporate income tax at a flat rate of 22% on taxable profits. Financial sector companies (banks and insurance) pay an additional 3 percentage points, resulting in a 25% rate. The petroleum sector is subject to a special tax regime with a combined rate of 78% (22% ordinary tax + 56% special petroleum tax). Hydropower companies face a resource rent tax in addition to the standard rate.
Standard Rate
22%
Additional Notes
Norway applies a participation exemption under the 'exemption method' (fritaksmetoden), exempting dividends and capital gains from qualifying shareholdings (generally EEA resident companies meeting substance requirements). 3% of exempt dividends are added back to taxable income for corporate shareholders. Norway implements interest deduction limitation rules (25% of EBITDA). Tax losses can be carried forward indefinitely. Group contribution (konsernbidrag) allows income shifting within Norwegian corporate groups.
How Norway Corporate Tax compares
Norway’s corporate tax rate of 22% is the 114th highest of 203 countries TaxAtlas tracks, below the global average of 22.2% and Europe’s regional average of 19%.
