- Swedish Official Gazette published Law No. SFS 2023:200 enacting a new VAT law
- The law aligns definitions with EU Directive 2006/112/EC on the common system of VAT
- Annual turnover calculation for VAT exemption is based on transaction value excluding VAT
- VAT exemption for intra-community acquisitions of products subject to excise duty is limited to arrangements with suspended duty
- Taxable amount for goods transferred to another EU member country is generally specified
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
