Last updated 2026-06-27
Telenor ASA (TEL)
Telenor ASA (TEL, ISIN NO0010063308) is a Telecom company domiciled in Norway, which withholds 25.0% on dividends paid to non-residents. Investors resident in a tax-treaty country can reclaim the excess above their treaty rate (typically 15%) — up to 10.0 percentage points — by filing RF-1534 with the Skatteetaten.
Worked example
You receive NOK1,000 in Telenor ASA dividends
Illustrative, using the typical 15% treaty rate. Your exact treaty rate depends on your country of residence — see the table below.
How much can you reclaim, by residence country?
Norway withholds 25.0% on Telenor ASA dividends. Here's the reclaimable amount for investors resident in each country. Click a row for the full guide.
| Your residence | Treaty rate | Reclaimable | |
|---|---|---|---|
| 🇺🇸United States | 15% | 10.0% | |
| 🇬🇧United Kingdom | 15% | 10.0% | |
| 🇩🇪Germany | 15% | 10.0% | |
| 🇫🇷France | 15% | 10.0% | |
| 🇪🇸Spain | 15% | 10.0% | |
| 🇳🇱Netherlands | 15% | 10.0% | |
| 🇧🇪Belgium | 15% | 10.0% | |
| 🇨🇭Switzerland | 15% | 10.0% | |
| 🇮🇹Italy | 15% | 10.0% | |
| 🇸🇪Sweden | 15% | 10.0% | |
| 🇩🇰Denmark | 15% | 10.0% | |
| 🇫🇮Finland | 15% | 10.0% | |
| 🇦🇹Austria | 15% | 10.0% | |
| 🇵🇹Portugal | 15% | 10.0% | |
| 🇮🇪Ireland | 15% | 10.0% | |
| 🇵🇱Poland | 15% | 10.0% | |
| 🇱🇺Luxembourg | 15% | 10.0% | |
| 🇦🇺Australia | 15% | 10.0% | |
| 🇨🇦Canada | 15% | 10.0% | |
| 🇸🇬Singapore | 15% | 10.0% | |
| 🇯🇵Japan | 15% | 10.0% |
Which form do you file?
To reclaim Norway withholding tax on Telenor ASA dividends, you file RF-1534 with the Skatteetaten (deadline: 5 years). See the full Norway reclaim guide.
Frequently asked questions
How much withholding tax is deducted from Telenor ASA dividends?
Norway withholds 25.0% at source on Telenor ASA (TEL) dividends paid to non-resident investors.
How much Telenor ASA withholding tax can I reclaim?
If you live in a country with a Norway tax treaty, you can usually reclaim down to a 15% treaty rate — about 10.0 percentage points of each dividend. Your exact figure depends on your country of residence (see the table above).
Which form do I file to reclaim Telenor ASA withholding tax?
RF-1534 — filed with the Skatteetaten. The deadline is 5 years.
What is the ISIN for Telenor ASA?
Telenor ASA trades under ticker TEL with ISIN NO0010063308, listed in Norway.
Own Telenor ASA? Calculate your reclaim
Tax Reclaim works out exactly how much Norway withholding tax you can recover and generates the filing-ready form.
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