|International Tax Rules||20||74.55|
Norway ranks 19th overall on the 2019 International Tax Competitiveness Index, the same as in 2018.
- Norway allows corporate losses to be carried forward indefinitely, allowing businesses to be taxed on their average profitability.
- Compliance time associated with corporate, consumption, and individual taxes is below average.
- Norway has a territorial tax system, with a network of 87 tax treaties.
- Corporations are limited in their ability to write off investments.
- Norway has a progressive tax system with a combined top rate on personal income of 46.6 percent.
- Norway applies its Controlled Foreign Corporation rules to both passive and active income.