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.
If the assignee is regarded as resident in their home country/jurisdiction 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.
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.
All information contained in this publication is summarized by KPMG Law Advokatfirma AS, the Norwegian member firm affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity, based on the Norwegian Income Tax Rates Act, the Social Security Act and Immigration Act, and subsequent amendments.
© 2021 KPMG Law Advokatfirma DA, a Norwegian member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.