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Real estate investor and former cross-country star Bjørn Dæhlie is the most famous, but also Europris founder Wiggo Erichsen and real estate investor Einar Andreas Sissener have announced a move.
In total, the municipality’s new taxpayers save around NOK 11 million on moving. But the municipality itself is in the red, writes NRK.
KS has calculated that the result will likely be net negative, even if the millionaires bring large fortunes and also taxes from their own income to the municipality.
– Bø should prepare for a significant loss of income in the first years after the reduction of the estate tax rate, says special adviser Sigmund Engdal to the channel.
– Remains to be seen
It refers to the income compensation system, which in practice means that Bø himself must cover the amount granted in tax relief. To compensate for the 10 million, between 300 and 400 more inhabitants are needed, says KS.
The mayor of Bø, Sture Pedersen (H), takes the calculations very calmly.
– There are many that rain. It remains to be seen what the correct number will be. I’m prepared and have a plan in case we end up lost.
He has previously denied that millionaires who move to the municipality only want to pay less taxes.
Dahlie moves
Bø has received a lot of attention for reducing the estate tax by half a percent starting in the new year. Bjørn Dæhlie admits that that decision contributed to his decision to move north.
“Yes, we reported relocation due to the attitude of the municipality towards the wealth tax”he writes in the letter sent to NTB on Tuesday.
The 53-year-old man highlights that he, both as an individual and through his companies, has paid significant sums in taxes for many years. He also believes that this is the right thing to do. Furthermore, Dæhlie writes that he supports the Norwegian tax system, which he perceives as good and fair, but that the wealth tax is a clear exception.
“For us, this will be a one-year pilot project, if it is possible to live in Bø and travel to eastern Norway.”writes the old cross-country profile.
