Do you live in another Nordic country and have interest income/interest expenses in Norway?
This applies to you who live in another Nordic country and receive interest income from Norway, or pay interest to a creditor in Norway. The information deals only with taxation of this income/expenditure.
If you are resident in another Nordic country, interest income from a Norwegian source is not liable to tax in Norway. In this context, interest income means income from financial assets, including interest on bank deposits and bond unit trusts.
If you have limited tax liability in Norway for real property, you are entitled to deduct interest on debt relating to the acquisition of or improvements to the real property in Norway.
If you have limited tax liability in Norway for income from employment only, you may be entitled to deduct interest on debt if you can document that 90 per cent of your total income is liable to tax in Norway. The basis for comparison is your total income before deductions in Norway and in the country where you live. You find more information on skatteetaten.no.