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Swedish VAT Rate: Impact on Businesses and Consumers in International Transactions

  • Swedish VAT rate may actually be 26% instead of 25%
  • Total cost of handling VAT for Swedish companies is approximately 1.51 billion EUR per year
  • Report by Confederation of Swedish Enterprise and Trinovo focuses on international transactions
  • 15% of costs come from international trade, 85% from domestic transactions
  • Costs increase with company size, smaller companies have lower costs in international trade
  • Need for simpler regulations at national and international levels
  • Discussions on regulatory simplification at both Swedish and EU levels
  • Issues with deducting input VAT

Source: svensktnaringsliv.se

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.

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