9274_not-searchable
/en/inntekt-og-forbruk/statistikker/arv/aar
9274
More recipients of inheritance and gifts
statistikk
2002-09-27T10:00:00.000Z
Income and consumption
en
arv, Inheritance tax (discontinued), inheritance, gifts, recipientsPersonal tax, Income and consumption
false

Inheritance tax (discontinued), 2000

In 2013, it was decided to abolish inheritance tax with effect from 1 January 2014. This is the final release of inheritance tax statistics.

Content

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More recipients of inheritance and gifts

23 164 persons received taxable inheritance and gifts in 2000, an increase of about 2 200 recipients compared to the previous year. The total basis of tax increased from NOK 11.5 billion in 1999 to NOK 13.1 billion the following year, or about 14 per cent.

Assessed tax on inheritance and gifts amounted to NOK 1 067 billion in 2000, an increase of 144 million compared to 1999.

Gifts or advances on inheritance

Recipients of taxable gifts (advances on inheritance) received an average of NOK 571 000 compared to NOK 544 000 in 1999. 743 persons, or about 10 per cent, received gifts of NOK1 million or more. Of these, 26 persons received more than NOK 5 million in gifts.

Assessed tax on gifts amounted to NOK 312 million. Almost NOK 182 million were assessed from gifts of NOK 1 million or more. In 1999 assessed tax on gifts amounted to NOK 256 million, of which 147 million were tax on gifts amounting to NOK 1 million or more.

Increases in average inheritance

16 069 persons received in total NOK 9.1 billion in taxable inheritance in 2000. Every recipient received in average NOK 565 000. Corresponding figures for 1999 were 14 683 persons, who received an average of NOK 553 000. Not only did the number of recipients increase, the inheritance increased as well.

6 351 persons, or 40 per cent of the heirs, received an inheritance that exceeded NOK 500 000. 1 707 persons inherited a total of NOK 1 million or more. Of these, 29 persons received more than NOK 5 million. In 1999, 1 434 persons inherited NOK 1 million or more, 26 of these received more than NOK 5 million.

Assessed taxes on inheritance were NOK 755 million in 2000, compared to NOK 667 million in 1999. Both years, approximately 60 per cent of the taxes were assessed on inheritance amounting to NOK 1 million or more.

Tax rates

As of January 1st 1999 the tax-free amount was increased from NOK 100 000 to 200 000 . This resulted in the following structure:

  To children/parents           To others
Of the first NOK 200 000 No tax No tax
Of the next NOK 300 000 8 per cent 10 per cent
Of excess amount 20 per cent 30 per cent

Tables: