What is the interest withholding rate between Cyprus and Norway?
The Cyprus-Norway tax treaty reduces the withholding rate on interest payments to 0%. This means interest paid between residents of these two countries is exempt from withholding tax at source. This is particularly beneficial for cross-border debt financing and bank deposits. The 0% rate still requires proper documentation — it does not apply automatically. Interest is fully exempt — Cyprus has 14 such treaties in its network.
Network Comparison
Cyprus
Rank 10 of 25 active treaties (lowest rate = #1)
Lower rates with: Hungary (0%), Ireland (0%), Netherlands (0%)
Higher rates with: Russia (0%), Sweden (0%), Singapore (0%)
Norway
Rank 2 of 40 active treaties (lowest rate = #1)
Lower rates with: Switzerland (0%)
Higher rates with: Czech Republic (0%), Germany (0%), Denmark (0%)