Norway’s tax commission has recommended abolishing inheritance tax, as revealed in a report presented today. Commission leader Eigil Knutsen declined to detail internal discussions regarding the tax, but the report’s recommendation signals a potential shift in policy. The commission noted that many countries without wealth taxes do implement taxes on inheritance. Alongside the proposed elimination of inheritance tax, the commission suggests reducing wealth tax by up to 20 billion Norwegian kroner. This proposal represents a significant change to Norway’s current tax structure, potentially impacting wealth distribution and government revenue. The recommendations are now under consideration by the government for potential implementation.