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Re: snow post# 8540

Friday, 12/29/2023 10:03:39 AM

Friday, December 29, 2023 10:03:39 AM

Post# of 11692
I've been reading a bit more about taxes. Because I'm curious. I have a pretty good idea now how it works for me in The Netherlands.

We both have a wealth tax. Yours is close to 1.1% and mine almost 2% on stocks (and much less on cash) for 2023.

Here is another difference

In Norway, we pay tax on the wealth that we have as of 31 December in each calendar year.



In The Netherlands it is Jan 1. So I have a one year advantage over you.
And you have to determine what your (vertical) stocks are worth as of dec 31. I don't.

I also read that Norway abolished the gift tax in 2014? This may affect you as well. Because you are not an employee, so the income tax does probably not apply to you. Unless they redefined the "income tax" to include gifts of course. You never know.

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