Swedish Tax Agency has clarified that racing passenger cars and motorcycles will have the same 50% deduction as other passenger cars. The legal assessment remains unchanged, but there are changes in the terminology and definitions of racing vehicles. More information can be found in the Tax Agency’s position form from 2006, which was updated on June 2, 2023.
Source Taxbackinternational
Latest Posts in "Sweden"
- 2026 Budget Proposes Simplified Business and Capital Taxation
- Sweden Plans Temporary VAT Cut on Food from 12% to 6%
- Sweden Proposes Temporary VAT Cut on Food and Water from 2026-2027
- VAT Treatment of Loyalty Points in Lyko’s Scheme: Not Classified as Vouchers, Says AG Kokott
- Sweden Announces Temporary VAT Reduction on Food to Support Economy and Households
