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Finwire

Finwire

Oslo scraps property tax on residential properties

Oslo’s centre-right city council abolishes property tax on residential properties from next year, a measure costing 478 million Norwegian kroner.

At the same time, the price of a monthly public transport pass will remain at 499 Norwegian kroner through 2027, at a cost of 220 million.

An additional 478 million will be allocated to social housing policy and more homes.

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