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A proposal to eliminate the estate tax received an absolute majority at the national meeting of the Conservative Party.
Finance Minister Jan Tore Sanner, Prime Minister Erna Solberg and Oil and Energy Minister Tina Bru at the Conservative Party national meeting. All three have now been elected to the trio of party leaders.
Vidar Ruud / NTB scanpix
Published:
In a resolution motion tabled at the national meeting, the resolution committee originally endorsed a point on reducing the Norwegian property tax, including by removing the wealth tax on working capital.
But at the national meeting, Vestland Høyre put forward a proposal to change this and eliminate the estate tax entirely.
That change received a majority at the national meeting.
The change amounts to billions of tax dollars of difference.
Figures from Statistics Norway (SSB) show that the wealth tax amounted to almost NOK 15 billion in 2018.
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