On 14 June 2018, Sweden's parliament approved legislation for the introduction of new tax rules for the business sector. This includes: A reduction in the corporate tax rate from 22% to 21.4% in 2019 and 2020, and to 20.6% from 2021; A new EBITDA-based interest deduction restriction, including: A general deduction restriction on negative net interest expense equal to 30% of EBITDA; A safe harbor net interest deduction up to SEK 5 million, which applies at the group level; Allowed carry-forward of excess interest expense for up to six years, which is lost upon change of ownership, unless within the...