How are pensions taxed under the Cyprus-Norway tax treaty?
Under the Cyprus-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 Cyprus's 25 active treaty partners, and 0% across Norway's 40 active partners.
Network Comparison
Cyprus
Rank 18 of 25 active treaties (lowest rate = #1)
Lower rates with: India (0%), Italy (0%), Netherlands (0%)
Higher rates with: Poland (0%), Romania (0%), Russia (0%)
Norway
Rank 9 of 40 active treaties (lowest rate = #1)
Lower rates with: Chile (0%), China (0%), Colombia (0%)
Higher rates with: Czech Republic (0%), Germany (0%), Denmark (0%)