Industries

Helping clients meet their business challenges begins with an in-depth understanding of the industries in which they work. That’s why KPMG LLP established its industry-driven structure. In fact, KPMG LLP was the first of the Big Four firms to organize itself along the same industry lines as clients.

How We Work

We bring together passionate problem-solvers, innovative technologies, and full-service capabilities to create opportunity with every insight.

Learn more

Careers & Culture

What is culture? Culture is how we do things around here. It is the combination of a predominant mindset, actions (both big and small) that we all commit to every day, and the underlying processes, programs and systems supporting how work gets done.

Learn more

Sweden: Proposed amendments to rules on deducting prior year losses to facilitate changes in ownership

A memorandum proposing amendments to rules on deducting prior year losses in order to facilitate changes in ownership

January 23, 2024

The Ministry of Finance on 22 January 2024 issued a memorandum proposing amendments (to be effective 1 January 2025) to the rules on deducting prior year losses in order to facilitate changes in ownership:

  • The deductible amount of prior year losses after a change in ownership would be increased to 300% (from the current 200%) of the cost of acquiring control of a loss-making company.
  • An exception to the rule would be introduced if a natural person (or certain other entities) gains direct control over a loss-making company, if they already had indirect control prior to the ownership change.
  • The “herd rule” would be simplified to provide the deduction limitation applies when several independent natural persons acquire shares with at least 20% (currently 5%) of all votes in a loss-making company over three (current five) tax years and collectively acquire shares with more than 50% of all votes.
  • The provision regarding capital contributions leading to a change in ownership when the acquirer has received a valuable asset through the capital contribution would be changed to refer only to capital contributions made to a company within the same group as the loss-making company.

Read a January 2024 report (Swedish) prepared by the KPMG member firm in Sweden

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP's Privacy Statement.

An error occurred. Please contact customer support.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Headline