My question is mainly for Norwegian forex traders.
How to file taxes and what category is forex trading in? I will move there in 2-3 years and I have no idea how could I do it.
I just assumed that Norwegians handed all their money straight to the government. And the government spend it. All of it.
The government themselves get a fax each morning from the EU in Brussels telling them what to do…
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Norway have positioned themselves cleverly in the investment world.
Their national wealth fund posted a profit of $84bn for the 1st qtr of this year alone.
They are outside of the EU and the EU customs union but inside EFTA which has a long standing free trade agreement with the EU and other countries.
Norwegians rejected joining the EU twice in the past.
Norway is a member of Schengen so UK citizens may only stay visa-free for 90 days in a 180 day period.
Std tax rate is 22% - they have a 'progressive setup - more info here:
Income Tax in Norway 2023 - Life in Norway%2C%20sometimes%20called%20bracket%20tax.)
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