22% base + trinnskatt (1.7-17.8%) + 1% wealth tax
Norway's "flat 22%" income tax is misleading—the trinnskatt (bracket tax) pushes top earners to 39.8%. The real trap is the 1% annual wealth tax on assets above NOK 1.9 million (~$175,000), even with zero income. A NOK 800,000 ($74,000 USD) salary pays roughly NOK 240,000 in combined income tax. Your primary home is valued at just 25%; secondary homes at 100%.
Norway's tax system is deceptively complex despite the "flat 22%" headline. On top of the base 22% income tax, the trinnskatt (bracket tax) adds up to 17.8% more, bringing the top marginal rate to 39.8% above NOK 1,467,200 (~$135,000 USD). The hidden trap? Norway's wealth tax (formueskatt) charges 1% on global assets above NOK 1.9 million—even if you have no income that year. Your primary home gets favorable 25% valuation, but secondary properties are taxed at 100% market value. Filing deadline is April 30, with pre-filled returns sent in March.
| Taxable Income | Tax Rate |
|---|---|
| NOK 0 - NOK 226,099 | 22% |
| NOK 226,100 - NOK 318,299 | 22% + 1.7% = 23.7% |
| NOK 318,300 - NOK 725,049 | 22% + 4% = 26% |
| NOK 725,050 - NOK 980,099 | 22% + 13.7% = 35.7% |
| NOK 980,100 - NOK 1,467,199 | 22% + 16.8% = 38.8% |
| Over NOK 1,467,200 | 22% + 17.8% = 39.8% |
Note: These are marginal rates - you only pay the higher rate on income within each bracket.
Source: Norwegian Tax Administration
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Get Paid as a Contractor →Norway charges a flat 22% on all income, plus the trinnskatt (bracket tax) that adds 1.7-17.8% depending on income level. The combined top rate is 39.8% for income above NOK 1,467,200 (~$135,000 USD). The first NOK 226,099 only pays the base 22%.
Trinnskatt is Norway's progressive surtax layered on top of the flat 22% income tax. It starts at 1.7% above NOK 226,100 and rises through five steps: 4% above NOK 318,300, 13.7% above NOK 725,050, 16.8% above NOK 980,100, and 17.8% above NOK 1,467,200.
Yes—Norway's formueskatt charges 1% annually on global net assets above NOK 1.9 million (~$175,000 USD). This applies even if you have no income. Your primary home is valued at just 25% of market value up to NOK 14 million, but secondary homes and investments are valued at 100%. Above NOK 21.5 million, an additional 0.1% applies.
Employees and pensioners must file by April 30. Self-employed individuals get until June 1, 2026 (extended from May 31 as it falls on a Sunday). You can apply for a 30-day extension by April 30. Pre-filled tax returns are sent out in March.
Norway's wealth tax favors primary residences: valued at only 25% of market value up to NOK 14 million, then 70% above that. Secondary homes and rental properties are valued at 100% of market value. This distinction can mean thousands of kroner in annual wealth tax difference.
Last Updated: March 2026