Seven financial industry trade associations in Sweden have jointly signed an agreement to launch a new institute focused on combatting money laundering. Svenska Institutet mot Penningtvätt, SIMPT is yet to launch its website including further details of its organisational structure, but the focus will be to combat money laundering, particularly relating to terrorism. Anti-money laundering […]
Swedish fiscal rules mean that those classified as students should try to earn more than the tax free threshold when seeking work, so as to ensure more rapid accrual of pension savings, according to figures published by the Swedish Investment Fund Association.
A group of up to 400 tax experts from around the Nordic region are being assembled via a Nordic Council-led project to target individuals and companies that continue to use jurisdictions such as Hong Kong to avoid paying tax.
Success in generating an estimated additional SEK1.1bn in taxes since 2010 has persuaded Swedish tax authorities to target Hong Kong, Panama, Dubai and Qatar for tax information and exchange agreements, as the country continues to close off existing loopholes involving so-called tax havens.
Fund investors in Sweden are bracing themselves for the introduction of a new tax on 1 January, which will shift the responsibility to pay onto the individual investor rather than the fund.
More Swedish taxpayers are bringing home assets from so-called tax havens, according to data published by the Swedish Tax Agency (Skatteverket)