Confusion about wealth tax: Return after tax – without taking tax into account?

18 September 2025 12:57

Confusion about wealth tax: Return after tax – without taking tax into account?

Øyvind Thomassen and Floris Zoutman: A Norwegian investor is willing to pay the same as a foreign investor for a Norwegian company, despite the wealth tax.

Investors residing in Norway pay wealth tax, while investors residing abroad do not. Suppose that the wealth tax the investor pays next year is one percent of the market value of the assets this year. What is left next year of an investment of 200 million made this year? Øyvind Thomassen and Floris Zoutman ask.

Their opinion piece Forvirring om formuesskatt: Avkastning etter skatt – uten å ta hensyn til skatt? (in Norwegian) was published in Dagens Næringsliv on 16 September, 2025.