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8.1.2. Other Taxes

The following table provides an overview of other taxes that may be imposed on a company doing business in the country.

Tax Type Rate(s) Notes
Capital Duty Nil There is no capital duty in Sweden.
Payroll Tax Nil There is no payroll tax separately due by companies on their total payroll expenditure. Employers are required to withhold income tax and social security premiums on behalf of their employees.
Social Security Employer Contribution 31.42% Employer contributions are equal to 31.42% of gross salary. The contribution is reduced to 15.49% for employees aged 18 to 25 (the reduced rate for young workers will be phased out). In order to mitigate the effects of the COVID-19 pandemic, the Swedish government has announced a temporary reduction in the employer’s social security contributions for the age group from 19 years up to 23 years old for the period from 1 June 2022 until 31 August 2022, so that only the old age pension contributions would be paid. A special wage tax at the rate of 24.26% is levied on premiums of occupational pensions paid by the employers.
Social Security Employee Contribution 7% Employees are required to make a 7% pension contribution on gross salary up to SEK 572,970 (increased from SEK 504,375 effective 1 January 2022). The contribution is tax creditable for the employee.
Property Tax 0.5%, 1% The annual real estate tax is 1% of the assessed value for commercial/business premises and 0.5% for industrial property.
Transfer Tax Nil There is no transfer tax in Sweden.
Stamp Duty 4.25%; 0.4% to 2% Stamp duty is levied at the rate of 4.25% on the transfer of real estate. For mortgage loans, stamp duty is levied at the rate of 0.4% to 2% depending on the purpose.
Excise Taxes Varies Excise taxes are levied on alcohol, tobacco, and electricity.
Customs Duty Varies Customs duty applies to goods imported from outside the European Union.