The Standing Committee on Finance is reviewing a government bill to ratify a new tax treaty between Norway and China, signed on 12 May 2023, that would replace the 1986 agreement. A committee majority—comprising the Labour Party, Progress Party, Conservative Party, Centre Party, and Christian Democratic Party—recommends that the Storting approve the treaty. A minority of committee members express concern that the agreement reduces withholding tax on dividends from 15 to 10 percent (and to 5 percent in certain cases), arguing this could encourage increased Chinese ownership in Norway without corresponding Norwegian investment in China.
AI-generated summary · Model: Claude Haiku 4.5 · Generated: 14 May 2026
These are the proposals in the document, not decisions. See the votes for the outcome.
The Storting consents to ratify the tax treaty between Norway and China, signed on 12 May 2023.
The Storting calls on the government to present an overview of the security policy implications of current Chinese ownership in Norway and an analysis of the effects of increased ownership resulting from reduced withholding tax on dividends.