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Swedish Parliament Approves Amendments to CFC Rules to Comply with EU Anti-Tax Avoidance Directive

|Approved Changes|Sweden
Sweden

On 14 November 2018, the Swedish parliament reportedly approved the legislative proposal to amend the country's controlled foreign company (CFC) rules to comply with the EU Anti-Tax Avoidance Directive (ATAD1). In general, Sweden's CFC rules are already compliant with the ATAD and the primary rules are maintained, including the 25% CFC ownership threshold and the low-tax threshold of 55% of the…

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