Panama vs Norway
Corporate Tax Comparison
Time of Update: Panama: 4/04/2026 / Norway: 4/05/2026
Compare Panama and Norway corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.
Panama vs Norway Corporate Tax Comparison
Basic Corporate Tax Comparison
Corporate Income Tax (CIT)
Panama
Norway
General CIT Rate:
25
General CIT Rate:
22 (25% of some companies in the financial sector).
CIT Return Due Date:
Three months after the end of the fiscal year.
CIT Return Due Date:
At the end of May of the next fiscal year (according to the oil tax system, the end of April). Other requirements may apply to specific business sectors, such as hydroelectric power.
CIT Payment Due Date:
Tax payments must be made within three months after the end of the respective accounting period.
CIT Payment Due Date:
Tax arrears must be paid within three weeks after the assessment is announced.
CIT Estimated Payment Due Date:
6 months, 9 months, and 12 months after the end of the tax year.
CIT Estimated Payment Due Date:
February 15 and April 15.
Withholding Tax (WHT)
Panama
Norway
Resident Withholding Tax (Dividend/Interest/Royalty):
5, 10 - 20/NA/NA
Resident Withholding Tax (Dividend/Interest/Royalty):
None-Resident Withholding Tax (Dividend/Interest/Royalty):
5, 10 - 20/12.5/12.5
None-Resident Withholding Tax (Dividend/Interest/Royalty):
Value-Added Tax (VAT)
Capital Gain Tax (CGT)
Panama
Norway
General Capital Gain Tax Rate:
Return on investment sees Panama Company tax summary.
General Capital Gain Tax Rate:
Capital gains are constrained by the normal corporate income tax rate.
Effective Tax Rate (ETR)
Panama
Norway
Composite Effective Average Tax Rate:
23.33%
Composite Effective Average Tax Rate:
21.41%
Composite Effective Marginal Tax Rate:
18.47%
Composite Effective Marginal Tax Rate:
23.11%
