Norway Tax Agency Issues Guidance on 2023 Employer Contributions to National Insurance

The Norwegian Tax Administration Jan. 9 issued Notice No. SKD 1/2023, explaining rules for 2023 employer contributions to national insurance. Topics covered include: 1) the approval of the regime for differentiated employer contributions for 2022 - 2027; 2) an additional employer’s tax of 5 percent on salary income over 750,000 Norwegian kroner (US$70,170), effective Jan. 1; 3) the introduction from 2023 of a separate calculation code for companies enduring financial hardships; 4) rules for reporting and paying the employment tax, and rates based on an employer’s zone location; 5) exemptions related to sick pay and private employers; and 6) simplified ...