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50% VAT deduction of racing passenger cars and motorcycles, same as other passenger cars

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

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