Sweden to Introduce Deduction Restriction on Interest Payments to Non-Cooperative Jurisdictions and Remove Trinidad and Tobago from CFC Whitelist
Sweden's Ministry of Finance has issued a release announcing the submission of a proposal that would restrict the deduction of interest paid to jurisdictions included in the EU list of non-cooperative jurisdictions. As proposed, the deduction restriction would apply from 1 January 2021 for payments to both related and non-related parties in listed jurisdictions.
The proposal also includes a…
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