Taxes · NOR
Taxes in Norway
Norway taxes cryptocurrency gains and income as ordinary income at a flat 22% rate. All disposal events, including crypto-to-crypto swaps, are taxable, and losses are deductible against other income. Skatteetaten requires taxpayers to self-report crypto holdings and transactions, and the tax authority has actively pursued reporting compliance through exchange data requests.
Income tax
Mining rewards and staking income are taxed as ordinary income at 22% (general income) when received, based on market value at time of receipt. If conducted as a business, additional social security contributions may apply.
VAT / GST
Exempt. Following EU precedent and Skatteetaten guidance, buying and selling cryptocurrency is exempt from Norwegian VAT for individual holders.
Capital gains
Gains from disposing of cryptocurrency are taxed as ordinary income at a flat rate of 22%. Losses are deductible. No minimum holding period exemption applies. Each disposal event is taxable, including crypto-to-crypto trades.
Type case, not tax advice: figures describe a single average earner and standard rates; your situation depends on residency, deductions and local rules. Verify with the tax authority before acting. — Fiatmap