Norway Corporate Tax Rate

The Corporate Tax Rate in Norway stands at 24 percent. Corporate Tax Rate in Norway averaged 34.26 percent from 1981 until 2018, reaching an all time high of 50.80 percent in 1982 and a record low of 24 percent in 2017.

Corporate Tax Rate in Norway is expected to be 24.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Corporate Tax Rate is projected to trend around 29.00 percent in 2020, according to our econometric models.

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Norway Taxes	Last	Previous	Highest	Lowest	Unit
Corporate Tax Rate	24.00	24.00	50.80	24.00	percent	[+]
Personal Income Tax Rate	38.52	38.52	47.50	38.52	percent	[+]
Sales Tax Rate	25.00	25.00	25.00	25.00	percent	[+]
Social Security Rate	22.30	22.30	24.50	4.40	percent	[+]
Social Security Rate For Companies	14.10	14.10	16.70	12.80	percent	[+]
Social Security Rate For Employees	8.20	8.20	8.20	4.40	percent	[+]

In Norway, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Norway. This page provides - Norway Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Corporate Tax Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	24.00	24.00	50.80	24.00	1981 - 2018	percent	Yearly

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Country	Last		Previous	Range
Argentina	35.00	Dec/18	35	35 : 33	%
India	35.00	Dec/19	35	38.95 : 32.44	%
Brazil	34.00	Dec/19	34	37 : 25	%
France	33.30	Dec/18	33.3	50 : 33.3	%
Japan	30.86	Dec/19	30.86	52.4 : 30.86	%
Australia	30.00	Dec/19	30	49 : 30	%
Mexico	30.00	Dec/19	30	42 : 28	%
Germany	29.79	Dec/18	29.79	56.8 : 29.4	%
South Africa	28.00	Dec/18	28	37.8 : 28	%
Canada	26.50	Dec/18	26.5	50.9 : 26.1	%
China	25.00	Dec/19	25	33 : 25	%
Indonesia	25.00	Dec/18	25	39 : 25	%
Netherlands	25.00	Dec/18	25	48 : 25	%
South Korea	25.00	Dec/19	25	40 : 22	%
Spain	25.00	Dec/18	25	35 : 25	%
Italy	24.00	Dec/18	24	53.2 : 24	%
Turkey	22.00	Dec/19	22	33 : 20	%
United States	21.00	Dec/19	21	52.8 : 1	%
Russia	20.00	Dec/18	20	43 : 20	%
Saudi Arabia	20.00	Dec/18	20	45 : 20	%
United Kingdom	19.00	Dec/19	19	52 : 19	%
Switzerland	17.77	Dec/18	17.77	25 : 17.77	%
Singapore	17.00	Dec/19	17	26 : 17	%