Tax

Swedish companies’ compliance costs for handling VAT legislation in international trade

Pilot study – Swedish companies’ compliance costs for handling VAT legislation

In the spring of 2023, the Confederation of Swedish Enterprise conducted a study to estimate companies’ administrative costs related to Swedish VAT legislation. The calculated indicative administrative cost at the national level amounts to SEK 13.8 billion (Euro 1.2 billion) and affect roughly one million VAT registered companies.

Hammarstedt: Don’t rush the implementation of the OECD Global Tax Agreement

Agreement may have been reached on digital tax and global minimum tax - but the hardest negotiations are still ahead

The global tax map is redrawn - G20 countries reach agreement on digital tax and global minimum tax

G20 countries have agreed to endorse OECD:s outline plan for taxing the digital economy and a minimum global corporate tax rate. A finalised plan is due to be presented in October. However, the proposals deviate dramatically from current international principles and many obstacles remain to be resolved before it can be applied, writes Claes Hammarstedt, an expert on international taxes. 

Swedish Enterprise on the US move on digital tax and global minimum tax

The introduction of a global minimum tax will not result in a fair distribution of tax revenues. Furthermore, it represents a major restriction on both the sovereignty and ability of countries to set their own tax rates in line with their economies and preferences.