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Sweden Budget Bill for 2022 Presented Including Modernized Dividend Withholding Tax, Loss Limitation Rule, and Other Measures

23 September 2021

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Proposed Changes

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Sweden

Sweden's Ministry of Finance has announced that the Budget Bill for 2022 was presented on 20 September 2021. Some of the main tax measures of the bill include: A tax reduction for contributions to unemployment funds equal to 25% of the fee paid during the year with effect from 1 July 2022; Tax relief for bicycles provided by employers to their employees (bicycle benefit) such that the value of the benefit up to SEK 3,000 per year will be excluded from taxation with effect from 1 January 2022; The extension of the rules on tax relief for employee stock options...