Sweden: Proposed amendments to Pillar Two global minimum tax rules
Proposed amendments would introduce elements of the OECD Administrative Guidance
The Minister of Finance on August 15, 2024, published draft amendments to the Swedish Top-up Tax Act, which implemented the EU Minimum Tax Directive in Sweden.
The proposed amendments would introduce elements of the OECD Administrative Guidance published between February 2023 and June 2024 into the existing legislation and would apply from January 1, 2025. Reporting entities would have the option, however, to apply the new provisions to tax years beginning after December 31, 2023.
Read a September 2024 report prepared by KPMG’s EU Tax Centre