Sweden's Ministry of Finance has announced several proposals that have been agreed to by the government as part of the Budget for 2021. One of the main proposals is a temporary income tax reduction incentive for investments in machinery and equipment. In particular, the incentive would provide an income tax reduction equal to 3.9% of the acquisition value of such assets that would be available for all natural and legal persons who report income from business activities and trading. In order to obtain the tax reduction, the equipment would need to be held for a certain period of time. The...