Monday, March 20, 2006

More tax for foreigners

Just when I was thinking about getting a job teaching sugar history in Norway!!

New regulations mean that foreigners temporarily living in Norway will have
a bigger tax bill.
Foreigners with temporary employment in Norway are
entitled to a standard deduction on top of other common deductions, such as a
basic tax allowance, personal deductions and other schemes.
Beginning in
2006 this standard deduction for foreign temporary workers will be reduced from
15 to ten percent of earnings, and a ceiling for the deduction will be set at
NOK 40,000 (USD 6,000)."

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