The Swedish Ministry of Finance has issued a release announcing a proposal to provide a VAT exemption for armed forces belonging to another state that is a party to the North Atlantic Treaty Organization (NATO). This follows Sweden's recent admission to NATO. The proposal means that the armed forces will have the right to a refund of VAT relating to the acquisition of goods and services in Sweden when the forces participate in joint defense efforts. The exemption covers goods and services to be used by the forces or by the civilian personnel accompanying them, or used for the supply...