The Standing Committee on Finance and Economic Affairs examined two private member's bills proposing changes to how residential properties are valued for wealth tax. One proposal, from Henrik Asheim and Ola Svenneby, would value primary residences at 25 percent of sale price for values up to 20 million kroner starting in 2026. A second proposal, from Guri Melby, Abid Raja, and Marit Vea, would temporarily suspend the new valuation model and use the 2025 model for 2026. The committee recommends the Storting reject both proposals.
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These are the proposals in the document, not decisions. See the votes for the outcome.
Document 8:94 S (2025–2026) – Private member's bill from MPs Henrik Asheim and Ola Svenneby on lower and more predictable taxation of residential property – rejected.
Document 8:97 S (2025–2026) – Private member's bill from MPs Guri Melby, Abid Raja, and Marit Vea to temporarily suspend the new model for calculating wealth tax valuations on residential property – rejected.
The Storting calls on the government to conduct a comprehensive review of the consequences of the new residential property valuation rules, taking into account input from homeowner organisations and others. The review should examine distributional effects, geographic impacts, and overall consequences for homeowners, and should be subjected to public consultation before the government returns to the Storting with proposals for an adjusted model, by the time of the 2027 state budget at the latest.
The Storting calls on the government to temporarily suspend the new model for valuing residential property in wealth tax introduced from 2026, and to return to the Storting with a revised appropriations bill reflecting this change.
The Storting calls on the government to establish a fast-track expert committee to review the new residential property valuation model's methodology, data foundation, technical limitations, and effects on taxpayers and state revenues. The committee's assessment should be subject to public consultation before a permanent solution is finalised and presented to the Storting.
The Storting calls on the government, in connection with the revised national budget for 2026, to arrange for all primary residences to be valued at 25 percent of market value in calculating wealth tax.
The Storting calls on the government, in connection with the revised national budget for 2026, to arrange for primary residences in wealth tax to be valued at 25 percent of sale price for values up to 20 million kroner, effective from 2026.
The Storting calls on the government to apply the same valuation model for calculating residential property value in wealth tax in 2026 as applied in 2025, and to present a proposal to this effect when submitting the revised national budget for 2026.