Home Europe Sweden

Sweden

Sweden: Interest deduction limitation rules in breach of EU law according to ECJ

0
Since 2013, even if the interest income from a loan to an affiliated company in Sweden was taxed at a rate of at least 10% in the lender's country of residence, the interest deduction was often disallowed on the ground that the principal reason for the debt having arisen was for the group to receive a substantial tax benefit. Last Wednesday, 20 January 2021, the ECJ ruled that it is contrary to EU law to deny interest deduction on cross-border loans on this ground if the interest would have been considered deductible if the lender had been a Swedish entity. This landmark ruling provides companies the possibility to reassess non-deductible interest costs in Sweden.

Europe: Post-COVID-19 Cross-border remote working: managing tax risks

0
The pandemic has impacted our lives in many ways, but for many of us, one of the most affected areas has certainly been work.COVID-19...

Sweden: The Swedish Anti-Corruption Institute (IMM) issues a revised Code to Prevent Corruption in...

0
Since 2012, the Swedish Anti-Corruption Institute’s (“IMM”) guidelines have been an important cornerstone in promoting self-regulation as a measure to combat corruption in the...

Sweden: Stockholm Trade Day – The Trade Must Go On

0
Please save the date for our upcoming Trade Day 2020 event in Stockholm, taking place on 5 November 2020. We will cover recent developments...

International: COVID-19 Global guide on public contracting

0
In light of the global pandemic, governments across the globe are faced with urgent needs whose immediate coverage is a matter of life and death. Hence, these unusual and uncertain times call for rare and exceptional measures, and without much ado, governments around the globe have provided them. Common to all approaches is the will to enable public contractors to procure the urgently needed supplies to save lives and contain the pandemic without major bureaucratic hurdles.

A Strengthening Partnership – European Union’s New Africa Strategy Amidst COVID-19 Uncertainty

0
In early March 2020, after COVID-19 had already begun its journey of destruction around the world, the European Commission (Commission) published its Comprehensive Strategy...

Sweden and EU: Competition law, public procurement, and state aid in the wake of...

0
On Tuesday 5 May, the EU & Competition team of the Stockholm office sent out a newsletter regarding some of the most important Swedish changes and initiatives taken within the areas of competition law, public procurement and state aid in the wake of Covid-19.

EU & Sweden: Trade Compliance in a post-COVID era – five observations at a...

0
In brief By now we all realize that the world after COVID-19 will look different from the world before. No one has experience in dealing...

EU Securitisation Regulation Disclosure in Times of COVID-19

0
The financial markets are experiencing a significant amount of disruption for which there is no precedent. However, in these difficult times it is important...

Europe: COVID-19 Government Intervention Schemes

0
Countries around the globe are facing unprecedented and rapid change due to the COVID-19 pandemic. The Government Intervention Schemes Guide provides a summary of...
Send this to a friend