|Tax class 0 and 1||NOK 0 – 1,700,000||0.0 %|
|NOK 1,700,001 – 20,000,000||0.3 %|
|NOK 20,000,001 and above||0.4 %|
Do foreigners pay tax in Norway?
Everyone who works in Norway must have a tax deduction card. As a foreign worker in Norway, you can choose between two ways of paying tax. When you apply for a tax deduction card, you’ll either pay tax under the PAYE scheme or under the general tax rules.
Are taxes higher in Norway or USA?
Norway’s top marginal tax rate of 39 percent applies to all income over 1.6 times the average Norwegian income. Compare this to The United States. The top marginal tax rate of 46.8 percent (state average and federal combined rates) kicks in at 8.5 times the average U.S. income (around $400,000).
Is Norway cheap to live?
Cost of Living
Yes, Norway is extremely expensive. However, higher salaries offset these prices. The average cost of living in Norway will depend on the lifestyle you lead and where in the country you choose to settle.