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by DanielHB
443 days ago
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Sweden (and I assume Denmark) has a lot of tax-dodging[1] (just like any other country). The tax code is complex (but not nearly US-complex) and gives plenty of ways to avoid paying tax[2]. But at least the tax agency seems quite keen on investigating abuses. I remember Klarna has to pay a huge fine for trying because of trying to abuse tax loopholes a few years ago. [1] I define tax dodging as using legal tax loopholes in order to pay less tax. A lot of those tax rules are not even complicated, they were just set up with a specific type of person in mind to let them pay less tax. [2] The most popular ones that middle class Swedes use are delaying paying property capital gains, 30% tax deduction on loan interest payments, special rules for private pension and using ISK investment accounts (which allow you to avoid capital gains). None of them are illegal, just heavily favor some demographics. It is not that hard for a upper middle class Swede to avoid the maximum 56% income tax rate and the 30% capital gains tax. |
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