During the present-day EURO crisis, the question of whether we are witnessing an exodus of capital from the EURO zone has been raised in Norway. Norway has always resisted the introduction of the EURO. Today, due to its wealth of natural resources, it has become one of the richest and most stable countries in the world. In this article, Norway is presented as an attractive holding location for the European market, and the possibilities of international tax planning are described both within and outside the