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Sweden's Budget for 2016 Presented to Parliament

|Proposed Changes|Sweden
Sweden

On 21 September 2015, the Budget for 2016 was presented to the Swedish parliament. The main proposed tax related measures concern individual income tax, social security contributions and VAT grouping.

Individual Income Tax

The upper individual income tax bracket is increased from SEK 616,100 to SEK 625,800.

Social Security Contributions

  • A special salary tax of 6.15% payable by the employe…

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