[codethief]

No idea about the situation in Sweden but generally speaking I'd say it depends a lot on whether "income" in "income tax" also includes capital gains.

[geysersam]

Don't know any country where it does. In Sweden it certainly doesn't.

[LtWorf]

It doesn't but they are taxed the second you sell them off.

So cool… you're rich but if you actually want to use the money it is taxed.

[kevinak]

Actually... Sweden has a large loophole for extremely rich people. Stick it all in a "Capital Insurance" product and pay a low yearly tax on the amount, rather than the gains.

It kind of makes Sweden into a low tax haven if you're only living off capital.

[pazx]

Income tax and capital gains tax are two different things and two different rules sets. In Sweden income tax is max ~56% while max capital gains is 30%.

[kevinak]

Don't forget to add the "totally not income tax" aka arbetsgivaravgift at another 30% :D

[Jolter]

That does also not apply to capital gains.

[Jolter]

It does not, in Sweden.