Taxation of international executives
Are there special residency considerations for short-term assignments?
The same residency rules apply for short-term assignees as for other persons.
Are there special payroll considerations for short-term assignments?
There are reporting requirements to the Norwegian authorities, equal to the reporting obligations for a Norwegian employer.
What income will be taxed during short-term assignments?
If the assignee is regarded as resident in their home country/territory according to the double taxation agreement with Norway, the remuneration derived from work performed in Norway will be taxable in Norway. Please note that income from real estate in Norway is also taxable. However, the relevant double taxation agreement must always be taken into consideration.
Are there any additional considerations that should be considered before initiating a short-term assignment in Norway?
There are at least three main issues for short term assignees. These are tax, social security, and immigration issues.
As for tax issues, there are different planning opportunities depending on the length of the assignment in Norway. These rules are quite complex. KPMG Law Advokatfirma AS will be able to assist in these matters.
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