- Proposal to amend input VAT deduction rules for mixed activities in Sweden.
- Deductions allowed only for the proportion of input VAT linked to deductible transactions, calculated based on turnover.
- Introduction of preliminary and final proportion calculations with year-end adjustments.
- Deduction allocation rule amended to exclude input VAT partially related to exempt transactions.
- Special rules for input VAT on goods/services used for buildings and land, based on area.
- Measures effective January 1, 2027.
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Sweden"
- Sweden to Launch Real-Time Online Tax Audits: Direct Cloud Access for Authorities from April 2026
- Sweden Proposes Temporary VAT Cut on Food to Ease Living Costs and Boost Economy
- Sweden Proposes Temporary VAT Cut on Food from 12% to 6% for 2026-2027
- Sweden Proposes 2026 Tax Cuts: Lower VAT on Food, Labour Tax Reductions, Household Relief
- Sweden Proposes New VAT Deduction Rules for Businesses With Mixed Taxable and Exempt Activities
