The tax bill of the richest
Petter Bjerksund, Arnt Ove Hopland and Guttorm Schjelderup: If we remove the wealth tax, the effective tax is greatly reduced for the rich. For an investor, the tax drops from 21 percent to 15 percent just by assuming that the share capital is unlisted, not listed.
Some will falsely claim that those who own a company do not own the profit until it is paid out as a dividend, and that latent tax on dividends should have been taken into account. Both parts are wrong, but still a common misconception among non-economists, Petter Bjerksund, Arnt Ove Hopland and Guttorm Schjelderup write.
Their feature article De rikestes skatteregning (in Norwegian) was published in Dagens Næringsliv on 18 December, 2024.