Tax for living in owned property
The committee proposes to introduce a tax on the benefit of living in your own home. The tax rate is proposed to be 1% of the market value of the property.
Tax on the sale of owned property
The committee proposes to change the rules on the tax-free sale of own property. The proposal entails that profits become taxable and losses become deductible for the period in which the owner has not lived in the home during the last five years of ownership.
Tax on long-term rental of owned property
The committee proposes to remove the tax exemption for long-term rental of owned property, where the owner lives in more than 50% of the property.
Tax on short-term rental of owned property
The committee proposes to remove the tax-free allowance of NOK 10,000 for short-term rental.
Tax on the sale of vacation homes
The committee proposes to remove the tax exemption for the sale of vacation homes, thus making any sale of vacation homes taxable.
The committee proposes to remove the stamp duty of 2.5% for the transfer of title to real estate, provided that the committee's other proposals are implemented. If the other proposals are not implemented, the committee proposes to extend the scope of the stamp duty to apply to all forms of ownership of property (share, cooperative housing, etc.)
The committee proposes to remote the tax-free allowance for the property tax.