Tax value of housing and property
Wealth consisting of real property (residential properties and holiday homes) is taxable whether the property is located in Norway or abroad when you’re resident in and tax liable to Norway. The tax value of the property is used as thebasis for determining wealth tax on residential properties and holiday homes. The real owner of the property at the end of the income year is responsible for any wealth tax on the property in that income year.
The tax value of your residential property is pre-completed in your tax return based on the housing information you've reported to the Tax Administration. If the tax value is not stated in your tax return, you can enter the housing information directly in the tax return you'll receive in April.