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

|Proposed Changes|Sweden
Sweden

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…

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