How are pensions taxed under the Norway-Portugal tax treaty?
Under the Norway-Portugal 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 Norway's 40 active treaty partners, and 0% across Portugal's 28 active partners.
Network Comparison
Norway
Rank 32 of 40 active treaties (lowest rate = #1)
Lower rates with: Philippines (0%), Pakistan (0%), Poland (0%)
Higher rates with: Romania (0%), Russia (0%), Sweden (0%)
Portugal
Rank 23 of 28 active treaties (lowest rate = #1)
Lower rates with: South Korea (0%), Mexico (0%), Netherlands (0%)
Higher rates with: Poland (0%), Sweden (0%), Turkey (0%)