On 15 April 2015 the Swedish Government presented to Parliament its proposed Spring 2015 Budget to balance increased spending on education and welfare with tax rises of around SKR8bn (USD930m) this year.
The Government is proposing tax hikes that are intended to ensure that increases in government spending are offset by revenue-raising measures. For example, it will reverse, either wholly or in part, the cuts in employer payroll taxes implemented by the previous conservative governments.
Related Posts
As reported recently, Sweden has informed Russia of its decision to suspend the application of the 1993 income tax treaty between the two nations, effective from 1 February 2025. Earlier, the Swedish government presented a bill, the Repeal Act,
Read More
The Swedish government has presented a bill, the Repeal Act, to the Parliament with the intention to annul Act (1993:1301) concerning the Income and Capital Tax Treaty between Russia and Sweden on 24 October 2024. Earlier, Russia suspended
Read More The Swedish government has presented a final draft legislation to Parliament, released on 15 October 2024, which recommends amendments to its law for implementing the EU's global minimum tax directive, including the introduction of several Pillar
Read More The Swedish government presented its 2025 Budget Bill on 19 September 2024. This year, the government aims to shift its economic policy focus from fighting inflation to investing in long-term growth and security for a more prosperous and safer
Read More The Sweden's Ministry of Finance unveiled a set of proposed amendments to the Act (2023:875) on Additional Tax, aimed at aligning with the EU Council Directive (EU) 2022/2523 on 15 August 2024. This directive seeks to establish a global minimum tax
Read More Sweden's Ministry of Finance announced, on 3 May, 2024, a significant update regarding permanent residency criteria for tax purposes. Following the release of a memorandum by the Tax Agency in November, 2023, proposing a redefinition of permanent
Read More
