Sweden introduced rules on VAT groups in 1998. The first groups were founded in 1999. In Sweden, only certain categories of entities may form VAT groups. VAT groups are mainly to be found in the financial and insurance sectors. Also, entities which are commission agents and principals, and which have a commission link such as that referred to in Chapter 36 of the law on income tax may form VAT groups. The reason not to extend the possibility to form VAT groups to all groups of companies was that the state otherwise would lose too much revenue. This limitation to only certain categories of entities is a feature that really stands out regarding Swedish VAT groups from a comparative perspective.
Source Studi Tributari Europei
Latest Posts in "Sweden"
- Sweden Proposes Temporary Fuel Tax Cuts to Offset Rising Energy Prices
- Sweden Approves Stricter Measures Against VAT Fraud
- Sweden Approves Online Tax Audits with Direct Cloud Access
- The End of the Paper Era: How the Nordic Countries Are Redefining the Future of VAT and Tax Compliance
- ECG T-96/26 (TellusTax Advisory) – Swedish Referral on Cross-Border Input VAT Deduction and Foreign Exemptions
