On 3 June 2014, Norway ratified the tax treaty with Cyprus. As previously reported, the tax treaty was signed 24 February 2014 and once in force and effect will replace the 1955 tax treaty between the two counties.
Taxes Covered
The treaty applies to the following Norwegian taxes:
- National tax on income
- Municipal tax on income
- County municipal tax on income
- National tax relating to income from the exploration for and the exploitation of submarine petroleum resources and activities and re…