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Swedish Committee on Corporate Taxation Proposes Changes to Financial Cost Deductions

|Proposed Changes|Sweden
Sweden

On 12 June 2014, Sweden's Committee on Corporate Taxation delivered its report on achieving greater neutrality between the taxation of equity and debt, which includes proposed changes to financial cost deductions.

The proposed changes include:

  • Deductions for net financial costs will be discontinued, and instead deductible interest expense and other financial costs will be limited to such cost…

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