Friday, 8 May 2015

Sweden´s government proposes restrictions on participation exemption

A memorandum issued by the Swedish Ministry of Finance on 22 April 2015 includes
proposals to introduce restrictions on the application of the domestic participation exemption to
prevent companies from using structures that do not reflect economic reality; it also would
extend the Tax Avoidance Act to cover the Swedish withholding tax regime. The proposal
relating to the participation exemption would implement the recently amended EU parentsubsidiary
directive (PSD) into Swedish law.
If enacted, the proposed rules would apply as from 1 January 2016.
Source & more info: Deloitte