How to enter the taxable value of holiday property in Norway in the tax return
In most cases, the taxable value is pre-completed in the tax return based on the previously assessed taxable value for the property.
If an annual adjustment of the taxable value of holiday properties is established, the pre-completed amount is adjusted accordingly.
A statement of the taxable value of the holiday property must be entered in the tax return in the following cases:
- when information has not previously been submitted, e.g. because the holiday property was constructed during the year
- when information that has been submitted concerning a previously assessed taxable value must be corrected, e.g. because the holiday property has been extended or reduced in size during the year due to an extension, demolition, fire, etc.
Holiday property that you own as of 31 December in the income year must be specified in with a taxable value in the tax return.
Please check your tax return to make sure that the pre-completed taxable value is correct. If the taxable value is not shown in the tax return, you must provide information about the property and enter a self-assessed tax value in the tax return.
If any information is missing, you must enter it in the tax return. You’ll find the information under the topic “Housing and property”.
Check to see whether the pre-filled information is correct. Once all the fields have been completed, the taxable value is calculated automatically.
Important information
You do not need to send us any documentation concerning this, but you must be able to present it upon request.