Taxes and tariffs

Russia’s invasion of Ukraine has led to rising fuel and electricity prices. To strengthen Sweden in this extraordinary situation, the Government is presenting a package of measures with both short- and long-term investments. The package includes reduced fuel taxes, a new compensatory payment for fuel costs for private individuals who own cars, increased housing allowance for families with children and a new travel deduction system. Minister for Finance Mikael Damberg presented this package at a press conference today

Several employees at the Tax and Customs Department of the Swedish Ministry of Finance have been involved in the elaboration of a new handbook on carbon taxation. The handbook is aimed to inspire more countries to use taxation as an instrument for reducing emissions. The UN Tax Committee launched the handbook on October 25th.

Climate change is one of the most pressing challenges facing the international community. A broad range of policy instruments can be used to curb carbon emissions, and economic instruments such as taxes and emissions trading are critical elements of any comprehensive mitigation strategy.

Businesses that are unable to operate as a result of a closure decision under the new Pandemic Act will be able to receive financial support to cover their fixed costs during the closure. Up to 100 per cent of the costs will be reimbursed. The proposal is based on an agreement between the Government, the Centre Party and the Liberal Party.

Several measures taken to support Swedish jobs and businesses through the crisis will be extended. These include short-term lay-offs, deferral of tax payments, reorientation support and turnover-based support to sole traders. The proposals are based on an agreement between the government parties, the Centre Party and the Liberal Party.

Global warming continues regardless of the COVID-19 pandemic. Climate change will remain the defining issue of our generation. The Government is therefore proposing investments of SEK 9.7 billion in green recovery initiatives in the Budget Bill for 2021. The Government’s proposals are based on an agreement between the government parties, the Centre Party and the Liberal Party.

The Government, the Centre Party and the Liberal Party today presented an additional measure to mitigate the impact of the virus outbreak on Swedish jobs and businesses. The measure involves reorientation support totalling SEK 39 billion.

The Government, the Centre Party and the Liberal Party are now presenting further measures to alleviate the impact of the virus outbreak on jobs and the economy in Sweden. The ongoing pandemic is having a major impact on the Swedish economy. The focus of the crisis packages already presented has been to get measures in place quickly. Today sees the presentation of improvements to the system for short-term layoffs so that it will be even more impactful.

In light of the COVID-19 virus, the Government on March 19 decided that its proposed additional amending budget for 2020 will include a supplementary system of support for short-time work schemes. The new system was presented on Monday by the Government, together with the Centre Party and the Liberal Party, and means that central government will take a greater share of the costs for short-time work in 2020. It is proposed that the new rules enter into force on 7 April, but that they apply from 16 March.

The Government is now presenting additional measures to mitigate the economic impact of the COVID-19 virus outbreak. The proposals are based on an agreement between the Swedish Social Democratic Party, the Centre Party, the Liberal Party and the Green Party.

The Government is now presenting additional measures to mitigate the financial impact of the virus outbreak. The proposals are based on an agreement between the Swedish Social Democratic Party, the Centre Party, the Liberal Party and the Green Party.

Due to the coronavirus, a proposal for an additional amending budget is being presented today. The proposal is based on an agreement between the Swedish Social Democratic Party, the Centre Party, the Liberal Party and the Green Party.

Representatives of a large number of finance ministries, the World Bank, the International Monetary Fund (IMF) and the Organisation for Economic Cooperation and Development (OECD) will gather in Stockholm on Thursday and Friday. They will attend a conference held within the framework of the new Coalition of Finance Ministers for Climate Action – a group of ministers who want to step up their engagement on climate change. Specific taxes on carbon dioxide will be discussed at the conference.

The Hague, 20 June 2019. Check against delivery.

Stockholm, 30 May 2018 Check against delivery

The Nordic countries belong to the leading countries in digitalization. Digitalization has hastened the development of our economies and enabled new business models to develop. It is essential to ensure that all companies including digital companies have a growth-friendly environment also in the future. Well-designed and fair taxation is one key factor in achieving this.

Efficient and effective tax administration is fundamental to the long-term financing of a functioning society, poverty reduction and the achievement of the goals of the 2030 Agenda. Sweden has therefore invited representatives of governments in 160 countries, agencies, international and regional organisations, civil society and the business sector to exchange experiences of tax capacity-building. The Stockholm Tax Conference will be held on 30–31 May.

Building our society – a secure and sustainable Sweden

Prime Minister Stefan Löfven met his head of state and government colleagues at the European Council on Thursday and Friday 22–23 March. Trade and the threat of steel tariffs were among the issues on the agenda. Brexit and the EU’s reactions to the nerve agent attack in Salisbury were other important issues.

Statement by Prime Minister Stefan Löfven on the UK’s intention to withdraw from the EU.