Sweden

Corporate - Other issues

Last reviewed - 20 January 2021

United States (US) Foreign Account Tax Compliance Act (FATCA)

On 8 August 2014, Sweden signed a Model 1A FATCA agreement with the United States. The intergovernmental agreement (IGA) has been implemented through legislative means that entered into force as of 1 April 2015.

EU state aid

There is no Swedish-specific legislation regarding EU state aid.

Base erosion and profit shifting (BEPS)

Amendments to the Swedish tax legislation due to the BEPS action points, such as implementation of rules regarding hybrid mismatches in respect of the EU Anti-Tax Avoidance Directive (ATAD), have recently been enacted. 

Please see Interest expenses and Hybrid mismatch rules in the Deductions section.

Common Reporting Standard (CRS)

In accordance with the OECD’s CRS and EU Directive DAC 2, certain financial institutes are obligated to report certain financial information to the Swedish Tax Agency. The first year for submitting the CRS control data is 2017 (regarding financial year 2016).