3.3 Capital expenses and other deductions

The items under '3.3 Capital expenses and other deductions' concern deductions that are given for interest on debt, payments to individual pension schemes, losses on the sale of real property, shares of expenses from housing cooperatives/jointly owned properties, losses on the sale of shares or units in securities, deficits on the letting of real property, carryforward deficit from previous years and gifts, etc.

All items for 3.3 in the tax returnSe all items in the tax return

  • 3.3.1 Interest on debt

    This item shows the amount you have paid in interest on debt, penalty interest and/or the benefit of low-interest loans from an employer. The total will normally be pre-filled with the amount that has been reported, so you should check that everything is correct.

  • 3.3.2 Interest on debt abroad

    Under this item, you must enter what you have paid in interest on debt abroad.

  • 3.3.3 Benefits derived from surrendered property/Maintenance payments

    If you make regular payments to another person, you may in some cases be entitled to a deduction for the payments you have made.

  • 3.3.4 Share of costs in jointly owned property

    This item shows your expenses in connection with your shares in housing cooperatives and/or jointly owned property. The expenses may concern the cooperative's/jointly owned property's interest expenses and other expenses which are to be split between those who own shares. The amount will normally be pre-completed with the amount that has been reported by the housing cooperative/jointly owned property, so you should check that everything is correct.

  • 3.3.5 Deductible payments to individual pension scheme (IPS) – Norwegian and foreign pension schemes

    This item covers deductible payments made to individual pension schemes (IPS) in Norway and another EEA State.

    The item covers payments to foreign pension schemes which do not meet the Norwegian requirements under the Act on individual pension schemes (IPS).

  • 3.3.6 Deductible loss on the sale of real property

    Under this item, you must enter your calculated loss on the sale of real property, such as housing and plots of land. The general rule is that you will be entitled to a deduction for your loss if any profit you had made would have been taxable. The period of ownership and period of occupancy determine whether or not it is taxable. Any profit must be entered under item 2.8.4.

  • 3.3.7 Other deductions

    Under this item, you must enter deductions which are not covered by the other items. Some of the deductions may have been reported and pre-filled in the tax return for income and wealth tax, while other deductions you will have to fill in yourself. Remember to check that everything is correct.

  • 3.3.8 Losses on the sale of shares, etc. (RF-1088)

    This item should be pre-filled with the net loss from shares from Norwegian limited liability companies and foreign companies listed on Oslo Stock Exchange and which is stated in form "Aksjer og egenkapitalbevis" (Shares and equity certificates – in Norwegian only) (RF-1088). 

  • 3.3.9 Losses on sale of units in securities funds

    This item shows the deductible losses you have incurred on the sale of units in mutual funds. The amount will normally be pre-completed with the amount that has been reported, so you should check that everything is correct.

  • 3.3.10 Losses on the sale of shares etc. (RF-1059) and bonds

    Under this item, enter calculated losses on the sale of shares and/or mutual funds which are not pre-completed under item 3.3.8 or 3.3.9 of your tax return.

  • 3.3.11 Deficits carried forward from previous years

    This item shows your unutilised deficit from last year's tax assessment. The amount will normally be pre-filled, so you should check that everything is correct.

  • 3.3.12 Deficit on letting of real property outside business activities (RF-1189)

    Under this item, you must enter the calculated deficit on letting from item 2.12 in form "RF-1189 Letting etc. of real property".

  • 3.3.13 Losses on other financial products

    This item will be pre-completed and can only be used for the following financial instruments traded through Oslo Stock Exchange/Norwegian Central Securities Depository (VPS) or other financial institutions subject to a reporting obligation: