- Swedish parliament approved new legislation expanding the tax agency’s powers to combat VAT fraud, effective July 1, 2026.
- Measures include stricter VAT registration reviews, broader authority to refuse or revoke registrations, and rapid identification of unreliable taxpayers in the EU system.
- The tax agency can now limit VAT refunds if tax evasion risks are detected and require company representatives to provide fingerprints and facial images for identity verification.
- The legislation aims to address criminal tax fraud, despite Sweden having one of the EU’s lowest VAT compliance gaps, which was estimated at €2.7 billion in 2023.
Source: globalvatcompliance.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"
- 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
- Sweden Proposes Temporary Fuel Tax Cut Amid Rising Prices
- Sweden Appoints Commissioner to Review E-Invoicing and ViDA Implementation
- Employer’s compensation for home charging – what applies?
