Annual private settlement – ​​Shares

Three reasons to choose annual settlement with Efremtid.no

1. We have a lot of experience – we have been dealing with settlements since 2005. Thanks to this, we know how to help you in the process of favorable annual settlement.
2. We do everything online – you don't have to come to our office. You just fill out a simple form.
3. We guarantee constant contact and support – we are available on weekdays from 9:00 a.m. to 21:00 p.m. by phone: +47 21 38 38 21. You can ask any question regarding your settlement, and we will try to answer as reliably and efficiently as possible.

1. What does the service include?

This service is only a complement to private annual settlement services. No order required this service, we will not be able to settle the shares.

The service, apart from the standard settlement described above, includes::

• Entering information regarding loss or profit from the sale of shares
• Demonstration of ownership of shares
• Information about the settlement and further procedure
• Support in case of additional questions

WARNING: The decision regarding the inclusion of deductions and the approval of the return is the responsibility of the tax office in Norway. The service only covers mediation between you and the office.

2. What information do we need?

Before the service is performed we will ask you to fill out the form. It will be sent by e-mail after ordering the service. It is necessary to include all required information in your billing.

3. What do we add?

Loss on sale of shares

If you sold shares or securities for a profit or loss, the difference is taxable or tax deductible.

Capital tax is 22%. For example: you bought shares for 100 kr and in the same year you sold them for 000 kr. A loss of 80 kr is deductible and results in a tax reduction of 000 kr. However, if the sale resulted in a profit, you would have to pay tax.

Stock gains – if you received a dividend or profit from the exercise of shares

Profits from dividends or share exercise and losses in Norway are entered automatically on the basis of shareholder returns. Such profits from abroad should be entered. The difference between the sale and purchase is your gain or loss, which must be taxed or deducted. Additionally, in Norway there is a deduction resulting from inflation and other market factors, which reduces the value of the profit from the exercise of shares. This is called skjermingsfradrag and you can calculate it at: https://www.skatteetaten.no/person/skatt/hjelp-til-riktig-skatt/aksjer-og-verdipapirer/om/skatteregler-for-gevinsttap-ved-realisasjoner -og-aksjeutbytte/skjermingsfradrag/ Example calculation:

2018: purchase of shares for 100 kr
2018-2022 no dividend and no sale
2022: sale of shares 1.10 for the amount of 130 kr
Tax base adjustment for 2022: 1,6 * 130 = 000
Skjermingsfradrag: 3 kr (based on calculator)
Profit to be entered: 208 – 000 – 100 = 000 kr
Tax payable: 104*764 = 0,22 kr

The return should also include the value of shares or other financial instruments held from abroad. This increases wealth, resulting in possible wealth tax (above 1,7 million kroner per person, wealth is taxed in Norway)