Last reviewed 2026-07-08
Reclaiming 🇳🇴 Norway withholding tax with Nordnet
Norwegian shares held at Nordnet pay dividends net of the standard 25% Norwegian withholding tax (kildeskatt). Nordnet does not correct or reclaim the excess — its own FAQ tells clients to apply to Skatteetaten — so a treaty resident recovers the amount above 15% by filing form RF-1534 with the Norwegian Tax Administration.
Nordnet does not apply relief at source for Norway
Norwegian companies deduct the standard 25% withholding (kildeskatt) on dividends to foreign shareholders, and Nordnet's FAQ directs clients to apply to the tax authority themselves if too much was withheld. Treaty residents reclaim the excess above 15% from Skatteetaten with form RF-1534.
What you can reclaim
Example: NOK1,000 in Norway dividends
How to reclaim it
- 1
Confirm the withholding on your Nordnet statement
The 25% appears as "kildeskatt" deducted from the gross dividend on your dividend/portfolio statement.
- 2
Get a certificate of residence
Obtain a certificate from your home tax authority stating you were treaty-resident in relation to Norway at the time the dividend was paid.
- 3
File RF-1534 via Altinn
Submit the "Application for refund of withholding tax" (RF-1534) to Skatteetaten through Altinn. Note RF-1005 is a different form — the company's WHT notification, not your refund.
- 4
Mind the window
You generally cannot file until the company's WHT-correction period (about 3–4 months) has passed, and the refund application must be made within 5 years of the end of the year the dividend was received.
Documents you'll need
- RF-1534 refund application (filed via Altinn)
- Certificate of residence confirming Norwegian treaty residency at the dividend payment date
- Dividend/withholding documentation showing the gross dividend and 25% withheld
- The legal basis for the reduced rate (the tax treaty, or the EEA exemption method for corporate shareholders)
RF-1534
Application for refund of Norwegian withholding tax on dividends
Norway tax guide
Full withholding-tax and treaty detail for Norway.
Deadline: file within 5 years of the dividend payment. Miss it and the excess is unrecoverable.
Frequently asked questions
Does Nordnet reclaim Norwegian withholding tax?
No. Nordnet's FAQ directs clients to apply to Skatteetaten themselves if too much foreign withholding tax was deducted.
Which Norwegian form do I use?
RF-1534, the "Application for refund of withholding tax", filed via Altinn. (RF-1005 is the company's WHT notification, not the shareholder refund.)
How much can I reclaim?
Norway withholds 25%; treaty residents reclaim down to 15%, so 10 percentage points of the dividend.
What is the deadline?
Five years from the end of the year the dividend was received for the RF-1534 refund route. Don't confuse this with the separate one-year deadline to appeal a tax assessment.
Researched 2026-07-08 from: Altinn — RF-1534 refund application, Skatteetaten — WHT refunds, Nordnet FAQ — foreign dividend tax. Rates and broker behaviour change — verify with the authority before filing.
Import your Nordnet statement
Upload your Nordnet export, and Tax Reclaim works out your recoverable Norway withholding tax and generates the RF-1534 form. Flat €29/year.
Import from Nordnet