9262_not-searchable
/en/inntekt-og-forbruk/statistikker/arv/aar
9262
NOK 1.9 billion of inheritance tax
statistikk
2008-07-02T10:00:00.000Z
Income and consumption
en
arv, Inheritance tax (discontinued), inheritance, gifts, recipientsPersonal tax, Income and consumption
false

Inheritance tax (discontinued), 2006

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

Published:

This is an archived release.

Go to latest release

NOK 1.9 billion of inheritance tax

Total assessed tax on inheritance and gifts amounted to NOK 1.9 billion in 2006. This was 15 per cent less than the previous year. While assessed tax on inheritance increased by 2 percent, tax on gifts was reduced by 38 per cent.

8 900 persons received taxable gifts and advance on inheritance in 2006. This is 3 000 persons fewer than in the previous year. Part of the decrease can probably be explained by the adjustment to new tax regulations on shares and unit trusts from 2006.

Average inheritance of NOK 763 000

Taxable inheritance made up NOK 13.2 billion, and taxable gifts NOK 6.7 billion. The average inheritance was NOK 763 000, and the average gift was NOK 750 000. Of all those who received inheritance or gifts, 20 per cent received values of more than NOK 1 million.

About the statistics basis

The statistics presents figures for both possession date and decision date. Possession date is the date on which the recipient takes possession of the inheritance or gift. Decision date is the date the tax collector decides on taxes in the specific cases. The statistics do not cover estates in which the tax basis is under the tax-free amount, or public administrated estates.

  To children/parents To others
Of the first NOK 250 000 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

The taxable amount was changed effective of 1 January 2003 to NOK 250 000.

Tables: