The Swedish Tax Agency restricts the possibility of forming VAT groups in the financial sector

In a statement published on 13 December 2022, the Tax Agency has made the assessment that a company that is under indirect supervision by the Financial Supervisory Authority can no longer be part of a Swedish financial VAT group unless the company is a so-called support company. According to the Swedish Tax Agency, the legal text no longer provides that scope

Source Tellustax

See also

• Direct supervision by the Financial Supervisory Authority may be required to be part of a VAT group