Norway: Inheritance
Country Rating » 
In Depth
- Overview
- Price History
- Rental Yields
- Taxes and Costs
- Tax on Rent (Example)
- Buying Guide
- Landlord and Tenant
- Inheritance
- Living There
- Useful Links
- Country Statistics
Directory
Global Statistics
Regional Statistics
- Sq. M. Prices
- Rental Yields
- Rents
- Price/Rent Ratio
- Buy/Sell Costs
- Rental Income Tax
- Capital Gains Tax
- Price Change 1 yr
- Price Change 5 yrs
- Price Change 10 yrs
- Landlord & Tenant Law
- GDP Per Capita
- GDP/Cap Growth 1 yr
- GDP/Cap Growth 5 yrs
- Economic Freedom
- Ec. Freedom 5 yrs
- Competitiveness
- Property Rights Index
- Currency +/- Value
- Taxes on Residents
Last Updated: Nov 08, 2008
Inheritance tax and law
INHERITANCE TAX
Inheritance tax is levied on the net amount of the inheritance received by beneficiaries. The beneficiaries are liable to pay the inheritance tax. The rates are progressive, depending on the relationship between the deceased and the beneficiary. Inheritances between spouses and cohabitants are not taxable.
INHERITANCE TAX FOR CHILDREN & PARENTS |
||
| TAXABLE AMOUNT, NOK | RATE | |
| Up to 250,000 (€31,720) | nil | |
| 250,000 (€31,720) – 550,000 (€69,784) | 8% | |
| Over 550,000 (€69,784) | 20% | |
| Source: Global Property Guide | ||
INHERITANCE TAX FOR OTHERS |
||
| TAXABLE AMOUNT, NOK | RATE | |
| Up to 250,000 (€31,720) | nil | |
| 250,000 (€31,720) – 550,000 (€69,784) | 10% | |
| Over 550,000 (€69,784) | 30% | |
| Source: Global Property Guide | ||
Norway - more data and information
Post a comment
Subscribe to our Newsletter!
Enter your email address to sign up.
Your Comments
Be the first to comment!