People in Oslo have to pay more in property taxes than initially estimated. The estimates of this year have increased from 150 million to 266 million kroner, according to new figures.
In the budget for 2016, the city government estimated to collect 150 million through property taxes from city residents this year.
After a thorough review of the housing stock and a new assessment of 22,000 properties, it turns out that the estimate is far higher, NRK reported. According to the new calculations, the new estimates are now at 266 million.
Source: NTB scanpix / Norway Today