Americans living in Europe face myriad tax and financial complications due to the US policy of citizenship-based taxation. Brandon Mitchener, executive director of the campaign group Tax Fairness for Americans Abroad, explains why the system needs to change.
Norway will implement a new "exit tax" aimed at wealthy individuals leaving the country. However, there may be other tax obligations if you decide to leave.
You can check out -- but you still have to pay! Norway is looking for ways to hang onto its ultra-rich who are increasingly moving abroad to escape one of the rare European countries to impose a wealth tax.
The tax implications of owning property abroad can be complex, so it's important to read up on the rules to make sure you end up on the right side of the tax laws.
Norway plans to change the tax rules for residents who move away from the country. Thankfully, very few actually need to worry about being hit with a tax bill.
Norway's government is moving forward with plans to enact stricter tax regulations for people leaving the country. The Local contacted the Ministry of Finance to find out the details.
The Norwegian government wants tougher tax regulations for people leaving the country. Under the proposed changes, emigrants would face a new exit tax.
When ordering items from overseas or bringing goods into Norway, it's essential to understand the rules, taxes, and procedures involved so you don't end up with a nasty shock or unexpected bill.
Norway's tax administration begins sending out its tax returns in March. There are also several other key tax dates you'll need to have in your calendar.
The United States operates citizenship-based taxation, which can have serious consequences for Americans living abroad. Tell us how you are affected and what advice you have for fellow Americans in Norway.
Despite the country’s high taxes, more wealthy people have typically moved to Norway than have left. However, this trend has reversed in recent years, and the country has seen an exodus of wealthy residents.
Many consider the taxes in Norway to be high. Both a universal and progressive system are used to tax workers. Those in the highest tax brackets can potentially be hit with additional taxes, too.
Norway releases the tax information of its residents every year, meaning everyone's tax returns become open to see, whether they're a billionaire, a celebrity, or even the prime minister.
In Norway, like many other countries, understanding the details of estate planning is crucial to safeguard your legacy and provide for your family and loved ones.
Tighter tobacco quotas at duty-free stores across Norway are putting the squeeze on airports. This could lead to pricier plane tickets for travellers in the Scandinavian country.
The Labour-run cities of Oslo, Bergen and Trondheim have called for municipalities to be allowed to levy higher property taxes, putting pressure on the government ahead of next month's municipal elections.
Search for 'flyttemeldingen', or 'notify change of address in Norway' online, and scores of services pop up offering to handle the bureaucracy for a fee. But according to the Norwegian Tax Agency, you shouldn't have to pay anyone.
Oslo's Green Party has proposed introducing a tourist tax in the capital. However, several matters still need to be settled before it can be formally introduced.
