Tax Update, April 2012

The Swedish government has proposed new legislation that will lead to further restrictions when it comes to the possibility to obtain tax deductions for interest costs in Swedish tax jurisdiction on loans to affiliated companies. We ask the reader to observe that the suggested legislation contains a broadening of the definition of the term ”affiliated companies”. Below you find an abstract of the main parts of the proposed legislation and the suggested preparations that we advise clients to undertake.

Tax Update (pdf)