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Swedish Parliament Approves 2021 Budget

|Approved Changes|Sweden
Sweden

The Swedish Parliament reportedly approved the 2021 Budget on 17 December 2020. Some of the main tax measures include:

  • The introduction of a temporary income tax reduction incentive for investments in machinery and equipment, which provides an income tax reduction (credit) equal to 3.9% of the acquisition value of such assets purchased in 2021 by all natural and legal persons reporting income …

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