How are pensions taxed under the Australia-Norway tax treaty?
Under the Australia-Norway tax treaty, private pensions are generally taxable only in the country of residence — meaning no withholding tax applies at source (0%). This is favorable for retirees who have moved between the two countries, as their pension income will not be subject to double taxation. Government pensions may have different rules under a separate treaty article. This 0% rate compares to a median of 0% across Australia's 48 active treaty partners, and 0% across Norway's 40 active partners.
Network Comparison
Australia
Rank 32 of 48 active treaties (lowest rate = #1)
Lower rates with: Mexico (0%), Malaysia (0%), Netherlands (0%)
Higher rates with: New Zealand (0%), Philippines (0%), Pakistan (0%)
Norway
Rank 1 of 40 active treaties (lowest rate = #1)
Higher rates with: Belgium (0%), Brazil (0%), Canada (0%)