ARTICLE · 01 NOVEMBER 1995
Sweden - Foreign Investment in Sweden
Price Waterhouse Skattejurister AB
No major changes have been announced within the corporate tax system since last issue. Sweden still has a classic system of double taxation of corporate income, firstly at the company level and secondly, when distributed. Rumours however say the Government is planning for changes in this respect.
A proposal for harmonizing the Swedish accounting legislation with the EC-rules has just been presented, for enforcement as from January 1, 1996, and proposed applicability for financial years commencing in 1997 (in respect of certain financial institutions the new rules are proposed to apply for financial years commencing during 1996). The proposal includes substantial changes to the accounting legislation, and also in the Companies Act, the Branch Act etc.
We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.