Global

Details

  • Service: Tax, Global Compliance Management Services, International Tax
  • Type: Regulatory update
  • Date: 9/24/2013

Sweden - Proposed changes to group contributions 

September 24: The Swedish government has proposed legislation concerning group contributions between companies subject to the old corporate tax rate and companies subject to the new, reduced, corporate tax rate.

Under the proposed bill, group contributions from a company with a split financial year that is still taxed at 26.3%, to a company with a financial year beginning after 31 December 2012 (e.g., a company incorporated 1 January 2013 or later) will be partly tax deductible (83.66%) with regards to months in 2012 and fully deductible with regards to months in 2013.


Read a September 2013 report prepared by the KPMG member firm in Sweden: Swedish government announces changes to bill on group contributions




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