The Norwegian Tax Administration May 4 posted online Tax Appeals Board Decision No. SKNS1-2023-23, clarifying the taxation for the sale of property with residential house. The taxpayer owned a property with a residential house and a separate outbuilding with no vacant space for further development of housing. The taxpayer planned to sell the property above market value and sought to clarify whether the property sale must be considered a tax-free sale of housing under the Wealth and Income Tax Act.

https://news.bloombergtax.com/daily-tax-report-international/norway-tax-agency-posts-board-ruling-on-taxation-for-sale-of-property-with-residential-house

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