Swedish VAT rate change to come into effect on 1 July 2019.
11th April 2019: On 15 March 2019, the Swedish Ministry of Finance presented a proposition on the introduction of a reduced VAT rate on electronic publications.
The rate is due to be reduced from the standard rate of 25% to the reduced rate of 6%.
The rate change will come into effect on 1 July 2019.
The reduced rate will apply to:
2. Magazines and newspapers in electronic form.
The reduced rate will not apply to:
1. Publications containing mainly advertisements,
2. Publications containing mainly video content or music to be listened to.
Taxback International are experts in dealing with VAT implementation and support. Contact us today if you have any queries regarding reclaiming VAT from Sweden.
We know that Indirect taxes such as VAT and GST can have a huge effect on your business. As VAT rates change sporadically keeping yourself informed can be difficult. Compliance is always crucial. That’s why our Indirect Tax Experts share their hand-picked news stories every day that you need to know. From breaking news to VAT changes and new EU legislation. We know that relevant information means better decision making. We aim to be your number 1 source for VAT and GST news.
See more Taxback International Articles
Switzerland: Mandatory VAT return e-filing in 2020
27th November 2019: Switzerland is one of the last countries to allow paper filing but the electronic submission of the Swiss VAT return will become obligatory from 1/1/2020.
Japan: Consumption Tax update (November 2019 update)
Hungary: Government Submits Tax Bill
20th November 2019: Hungary's Ministry of Finance announced that it has submitted to parliament the seventh and final part of its Economic Action Plan,