Inntektstrinn

Inntektstrinn, also known as income tax brackets, is a system used in Norway to determine the amount of income tax an individual or a company must pay. The Norwegian tax system is progressive, meaning that the tax rate increases as the taxable income increases. The income tax is calculated based on the individual's or company's taxable income, which is the income after certain deductions and exemptions.

The income tax brackets in Norway are as follows:

- 0% tax rate on income up to NOK 180,800 (approximately USD 21,000).

- 1.4% tax rate on income between NOK 180,800 and NOK 254,500 (approximately USD 29,500).

- 4.2% tax rate on income between NOK 254,500 and NOK 639,750 (approximately USD 74,000).

- 13.2% tax rate on income between NOK 639,750 and NOK 999,550 (approximately USD 116,000).

- 16.2% tax rate on income over NOK 999,550 (approximately USD 116,000).

In addition to the income tax, there are also other taxes and contributions that must be paid, such as municipal tax, church tax, and social security contributions. The Norwegian tax system is designed to ensure that individuals and companies contribute to the public finances and to provide a safety net for those in need. The tax system is subject to regular review and adjustment to ensure its fairness and effectiveness.