Sweden’s parliament, the Riksdag, has approved a series of value-added tax law changes.
The legislation will increase the value-added tax registration threshold, from SEK80,000 to SEK120,000 (USD11,360). The change will also enable more companies to use simplified invoices.
Presently, under the EU VAT Directive, access to cultural, artistic, sporting, scientific, educational, entertainment, or similar activities are liable to VAT in the location they are held.
Source: www.vitallaw.com
