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Measure Name
Date when measure came into force
Reduced CIT rate 2013/01/01
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Generic Tax Name Corporate income tax
Tax name in the national language Skatt på företagsvinster
Tax name in English Corporate income tax
Member State SE-Sweden
Tax in force since 2000/01/01
If abolished, date on which the tax ceases to apply
Business version date 2015/01/01
Version date 2015/02/17
This file was last updated on

Type of tax
Direct taxes Personal income tax
Corporate income tax
Other

Indirect taxes VAT
Excise duty (EU harmonised)
Alcoholic beverages
Energy products and electricity
Manufactured tobacco
Other

Social security contribution Employers
Employees
Other
 
Legal base

Income Tax Act (1999:1229).

 
Who sets
The tax rate is set by




The tax base is set by




The reliefs are set by




Comments
 
Beneficiary





Comments

 
Geographical Scope
 
Taxpayers
Domestic-source income of non-resident entities is Taxed
Not Taxed
Comments
 
Tax object and basis of assessment
As general rule, taxable income under corporate income tax includes also








Comments

Income considered Domestic income
Worldwide income (subject to double-tax relief)
Comments

Comments

 

 
Deductions, Allowances, Credits, Exemptions
Valuation of inventory
System First-in first-out (FIFO)
Last-in first-out (LIFO)
Average cost
Specific identification (unit method)

Comments

Depreciation rules
 
Buildings
System Straight-line method
Declining balance
Production method
Combination of above
Other
Not-depreciable

Comments

Depreciation period

Depreciation rate:

50 - 20 years

2.00 – 5.00  %                  

Average depreciation period
Average depreciation rate
 
Movable (tangible) assets
System Straight-line method
Declining balance
Production method
Combination of above
Other
Not-depreciable

Comments

Depreciation can be made according to straight-line method or declining balance as the taxpayer chooses. 

Average depreciation period 5  Years
Average depreciation rate 20.0 %
 
Movable fixed assets
System Straight-line method
Declining balance
Production method
Combination of above
Other
Not-depreciable

Comments

Depreciation can be made according to straight-line method or declining balance as the taxpayer chooses. 

Average depreciation period 5  Years
Average depreciation rate 20.0 %
 
Intangible assets
System Straight-line method
Declining balance
Production method
Combination of above
Other
Not-depreciable

Comments

Depreciation can be made according to straight-line method or declining balance as the taxpayer chooses. 

Average depreciation period 5  Years
Average depreciation rate 20.0 %
 
Land (if any)
System Straight-line method
Declining balance
Production method
Combination of above
Other
Not-depreciable

Comments
Average depreciation period
Average depreciation rate


Comments

Are there limits to interest deductions? Yes No
If yes:
Definition of deduction limit

Comments

The limits to interest deductions are complex. Sine 1 January 2009 interest limitation rules applies. The rules were tightened as from  1 January 2013.

The main rule limits deductibility of interest expense relating to all loans between related parties. There are exceptions to the main rule. The interest expenses are deductible if the interest income related to the expenses is taxable at a rate of 10% in the hands of the

beneficial owner of the interest income, provided. To determine whether the rate is 10%, the interest income shall be considered on a stand-alone

basis; that is, as if the interest income was the only income recognized

by the beneficial owner A complementary rule to the 10% rule applies  with respect to situations in which the recipient is subject to yield tax. In addition to this rule and the 10 % rule, the taxpayer must show that the predominant reason for establishing the debt relationship is not to provide the group with a substantial tax advantage. The “business reasons exemption” provides that interest expense

is deductible if the debt relationship is predominately motivated by business reasons. If the debt relationship relates to an acquisition of shares or share-based instruments from a related company, or to an acquisition of shares or share-based instruments in a company that becomes related after the acquisition, it is also required that the acquisition be motivated predominantly by business reasons. In addition, the beneficial owner of the income must be resident in an EEA state or, under certain circumstances, a state with which Sweden has a tax treaty. The rules also provide that it should be taken into consideration whether the financing could have been made through contributions by direct or indirect shareholders or by the lender. Finally, the rules applies to so-called back-to-back situations. 


Is there an Allowance for Corporate Equity? Yes No
If yes:
Notional rate applied for allowance

Comments

Losses
Loss carry-forward exists? Yes No
If yes:
Time limit: Indefinite
 
Size limit:
 
Loss carry-backward exists? Yes No
If yes:
Time limit: Indefinite
 
Size limit:
 

Comments


Comments
 
Rate(s) Structure
Nominal corporate income tax rate Rate: 22.00 %

Central government surcharge Rate:
Regional government surcharge Rate:
Local government surcharge Rate:
Combined rate (all-in rate) Rate: 22.00 %


Comments

Special tax rate for SMEs
Special tax rates apply to SMEs: Yes No
If yes:
Nominal corporate income tax rate Rate:
Central government surcharge Rate:
Regional government surcharge Rate:
Local government surcharge Rate:
Combined rate (all-in rate) Rate:


Comments
 
International aspects
Treaty countries Non-treaty countries
 
Repatriated profits are taxed according to the following system Exemption system Exemption system
Tax credit Tax credit
Deduction Deduction
 
Interest received is taxed Yes No Yes No
Tax rate on interest received 22.00 % 22.00 %
Outgoing dividends withholding tax 25.00 % 30.00 %
Outgoing interest payments withholding tax 0.00 % 0.00 %
 
Foreign losses can be set-off Yes No Yes No
If yes:
Minimum direct or indirect shareholding to qualify loss-offset (if applicable)
 
Loss carry-forward exists? Yes No Yes No
If yes:
Time limit: Indefinite
 
Indefinite
 
Size limit:
 
Loss carry-backward exists? Yes No Yes No
If yes:
Time limit: Indefinite
 
Indefinite
 
Size limit:
 
Controlled foreign company (CFC-)rules exist? Yes No Yes No
If yes:
Time limit: Indefinite
999  Years  
Indefinite
999  Years  
Size limit:
 
Threshold for capital or voting power held directly or indirectly by resident in non-resident company 25.00 % 25.00 %
CFC-rules apply if foreign tax rate is lower than 12.50 % 12.50 %
CFC-rules apply for passive income only? Yes No Yes No

Comments   Treaty countries

Profits from a subsidiary are tax exempt regardless of whether the subsidiary is domestic or located abroad, provided the subsidiary falls under the rules of participation exemption. For this to apply the subsidiary must by either an unquoted firm, a quoted firm in which the parent owns at least a 10 % stake, or the ownership in the subsidiary must be a trade related investment.


Comments   Non-treaty countries

Profits from a subsidiary are tax exempt regardless of whether the subsidiary is domestic or located abroad, provided the subsidiary falls under the rules of participation exemption. For this to apply the subsidiary must by either an unquoted firm, a quoted firm in which the parent owns at least a 10 % stake, or the ownership in the subsidiary must be a trade related investment.

 
Measures against profit shifting
 
Do Thin Capitalization (TC) rules exist? Yes No
If yes:
Date of first introduction
Introduced as Explicit TC law
Part of CIT law
Test for TC Ratio
Arm's length
If ratio
Value of numerical ratio:
Definition numerator
Definition denominator
 
Debt considered for test Internal
Internal and external
TC depends on shareholding? Yes No
Substantial shareholding threshold
 
Type of shareholding Direct
Indirect
Automatic remedy Yes No
Remedy Non-deductibility of interest
Reclassification as dividend
 
Rules apply to All companies
Foreign companies
Non-EU companies
Transfer pricing rules exists? Yes No
If yes:
Arm’s length principle applied? Yes No
 
Remedy Fee
Tax base increase
 
Tax due date

 
Tax collector

By annual assessment.

 
Special features

Thnin Capitalization rules: the are no TC rules. However, the Companies Act requires the compulsory liquidation of a company if more than 50% of the share capital is lost without replacement of new capital.

 
Economic function







Comments
 
Environmental taxes



Comments
 
Tax revenue
ESA95 code d51o (d51ba (d519))

Year
Annual tax revenue (millions)
Currency
Tax revenue as % of GDP
Tax revenue as % of total tax revenue
2012 89,474.00 SEK 2.43
2011 102,773.02 SEK 2.81
2010 106,631.00 SEK 3.03
2009 86,519.00 SEK 2.63
2008 83,042.00 SEK 2.45
2007 104,601.00 SEK 3.17
2006 99,068.00 SEK 3.20
2005 91,074.00 SEK 3.13
2004 70,882.00 SEK 2.53
2003 48,918.00 SEK 1.83
2002 43,917.00 SEK 1.71
2001 52,080.00 SEK 2.10
2000 72,489.00 SEK 3.04

Comments