According to a recent Swedish Supreme Administrative Court judgment, any amount transferred between a card issuer and a network operator for consideration qualifies as a supply of services and therefore interchange fees should no longer be considered out-of-scope for VAT purposes. The Swedish Tax Agency has not commented on whether these transactions qualify as taxable or VAT exempt services, but has stated that such supplies will be assessed based on its general guidance on VAT for payment services.
Source: WTS
Latest Posts in "Sweden"
- Briefing Document & Podcast: E-Invoicing and E-Reporting in Sweden
- Sweden Proposes Temporary VAT Cut on Food and Bottled Water from April 2026 to December 2027
- Sweden to Launch Online Tax Audits Allowing Direct Access to Business Records from April 2026
- Board Member Assignments No Longer Deemed Independent Economic Activity for VAT Purposes
- Market Value Replaced by Residual Value for Tax Assessment of Goods Withdrawals per EU Court Practice
