Sweden Tax News

Rules to prevent tax evasion proposed

9 April 2006

US Senate hearings on protocol to treaty between Sweden and US

16 March 2006

The first-time income tax treaty and protocol between Chile and Sweden, signed on 4 June 2004, entered into force on 30 December 2005. The treaty generally applies from 1 January 2006.

19 February 2006

Amendments to Income Tax Law and Coupon Tax Law

19 February 2006

Amendments on taxation of owners of small and medium-size enterprises

6 December 2005

On 23 November 2005, Sweden ratified the new protocol to the Sweden-United States Income Tax Treaty of 1 September 1994, signed on 30 September 2005, by way of Law SFS 1994:1617 published in the Svensk Frfattningssamling (official publication of statutes in Sweden).

6 December 2005

Details of the protocol signed by Sweden and the United States on 30 September 2005 to the Sweden-United States income tax treaty of 1 September 1994 have become available. The protocol provides for a zero withholding tax in respect of inter-company dividends. The application of the zero rate essentially requires that (i) the beneficial owner is a company resident of the other contracting state that has owned, directly or indirectly, through one or more residents of either contracting states, shares representing 80% or more of the voting power in the company paying the dividends for at least a 12-month period ending on the date on which the entitlement to the dividends is determined and (ii) certain conditions under the tax treaty's limitation-on-benefits clause are met. Under certain conditions, pension funds are also eligible for the zero rate.

9 November 2005

Proposal to grant foreign tax credit for taxes paid on indirect foreign investments

9 November 2005

On 30 September 2005 Sweden and the United States signed a protocol to the Sweden-United states income tax treaty of 1 September 1994. Further details of the protocol will be reported subsequently.

16 October 2005

Nigeria and Sweden signed a first-time income tax treaty and protocol on 18 November 2004.

9 June 2005

The first-time income tax agreement and annex between Taiwan and Sweden, signed on 8 June 2001, entered into force on 24 November 2004. The agreement generally applies from 1 January 2005.

19 January 2005