Sweden Planning to Introduce New Interest Deduction Limitations and Reduce the Corporate Tax Rate

The Swedish government has announced draft legislation that provides for the implementation of new interest deduction restriction rules, as well as a cut in the corporate tax rate. The measures include:
- A general interest deduction restriction on negative net interest expense equal to 30% of EBITDA, which is line with BEPS Action 4 and the EU Anti-Tax Avoidance Directive (ATAD1), and includes…