1. What is the corporate tax in Sweden? Companies and individual entrepreneurs in Sweden pay a corporate tax based on their annual income of 28%. However there is the possibility to defer taxation of profit by allocation of 25% of the profit to tax allocation reserves. 2. What is the VAT in Sweden? ...

1. What is the VAT in Sweden? The standard VAT rate applied in Sweden is 25%. However, a reduced rate of 12% applies in certain conditions. Foodstuffs and accommodation benefit from this reduced rate. An even lower VAT rate of 6% applies for transportations, newspapers and magazines or cultural even ...

The profession of accountants in Sweden is based on the Annual Accounts Act of 1995 and the Book-keeping Act of 1999 which stipulate accounting principles. Moreover, the governmental body called the Swedish Accounting Standards Board also supports and regulates the profession of accountants in Swede ...