Tax Exemption for Petter Stordalen: Here’s How 0 in Fortune Explains – E24



[ad_1]

A major error was discovered on Petter Stordalen’s tax return. Now your tax will go up.

ERROR NOTIFICATION: Petter Stordalen does not have zero assets, as the 2019 tax figures show. He should have reported the error to the Tax Administration himself.

Terje Pedersen / NTB

Published:

In 2019, the king Petter Stordalen hotel had NOK 982,810 in revenue, according to tax figures from the Tax Administration, which E24 gained access to through Bisnode.

The sum of revenue is an increase of around five thousand crowns from 2018, when Stordalen was built with 977,693 crowns in revenue.

At the same time, Stordalen is trading at NOK 0 in assets, up from NOK 578.6 million in 2018.

Thus, according to the equation, it paid 368,063 crowns in taxes, which is a decrease of just under 5 million tax crowns since 2018.

Delayed deadlines resulted in incorrect figures

But the numbers are not correct, confirms press contact Ida Holen at Strawberry Group.

– The equation in there is incorrect, and a new correct one was submitted after Petter Stordalen himself reported the error, says Holen when E24 asks questions about the figures.

Holen has given the same answer to Kapital, who was also surprised that Stordalen was built without fortune. But why was the equation wrong in the first place?

According to Holen, the tax return was filed without Petter Stordalens own Changes were included.

– The mistake is that it is the pre-filled tax return that we all receive that has been published. This means that not all the changes that you must make yourself have been reported. They have now been reported and consist largely of property changes that have a tax effect, he explains.

The error must have occurred due to postponed deadlines for reporting during the 2020 crown year, according to Holen.

– Due to postponed deadlines for filing tax returns and company accounts, Petter’s assets weren’t ready until September, he says.

BY THE POOL: Petter Stordalen can be photographed poolside at his new Villa Copenhagen hotel.

Fredrik Hagen / NTB

The total tax will increase

According to Kapital’s list of the 400 richest people in Norway, Stordalen ranks 11th with a fortune of 16 billion. The capital estimates also include the 200 or so hotels, as well as the children’s tax figures.

Holen from Strawberry Group confirms that Stordalen’s tax will increase when the correct tax figures are taken into account.

– In the event of an error, Petter’s tax return was deemed to have been filed without assets, the tax authorities were immediately informed of this error, and all correct information was sent to the tax authorities, and Petter’s total tax will increase accordingly, says Holen.

Tax authorities say they cannot comment on the individuals.

Transferred the fortune

Sons Emilie, Henrik and Jakob Stordalen, meanwhile, pay 2.7 million, 2.0 million and 2.0 million crowns in taxes with ordinary income of 8.6, 6.5 and 6.5 million crowns. , respectively, according to tax figures. for 2019.

In January 2018, VG was present when Petter Stordalen and the three children signed the documents that transferred the family fortune of NOK 25 billion from the previous generation to the next.

TOGETHER IN COPENHAGEN: Petter Stordalens with children Henrik Anker Stordalen (left), Jakob Anker Stordalen and Emilie Stordalen during the opening of the Hotel Villa Copenhagen.

Fredrik Hagen / NTB

Although the hotel king has no plans to retire, he wanted to leave some of the responsibility to his daughter and sons while they are still young, he explained.

In 2017, Petter Stordalen had a general income of NOK 89,289,424, a fortune of NOK 758,234,799 and a tax assessed of NOK 33,419,516.

Stordalen has previously praised the Nordic tax model in an interview with VG, but also said that he is a tax planner, who he believes should be well within the rules of the law.

mail
[ad_2]