Starting January 2025, Sweden's tax agency, Skatteverket, will implement new VAT regulations for simplified invoices under specific scenarios. These include sales through payment machines, public transport transactions, toll payments, and the supply of electrical power and network services if combined on the same invoice. Read more

Sweden’s public sector e-procurement initiative, SFTI, will transition to Peppol BIS standards by July 1, 2025, replacing the EDIFACT-based SFTI ESAP 6 standard for purchase orders to modernize and streamline digital transactions. Peppol BIS formats, including tools for catalog creation, ordering, invoicing, and shipment notifications, will improve efficiency, clarity, and global interoperability... Read more

Sweden has announced amendments to the VAT Act, effective January 1, 2025, to streamline the system and provide clearer guidelines. Key updates include new VAT exemptions for small businesses with low annual turnover, revised definitions for taxable activities, and a 12% VAT rate for certain art and antique transactions. The amendments also outline conditions for input tax deductions and detailed... Read more

If you are struggling with complex e-invoicing implementations across multiple countries, and if you are concerned about mounting costs, potential delays, or compliance risks, our webinar will help you to learn how global retailers can streamline e-invoicing efficiently! With countries worldwide mandating e-invoicing, international retailers face unique challenges adapting to new regulations acros... Read more

The EU's Economic and Financial Affairs Council (ECOFIN) has approved the Value Added Tax in the Digital Age (ViDA) proposal, aiming to modernize VAT rules and combat tax fraud. ViDA introduces key measures like Digital Reporting Requirements (DRR), VAT collection for the platform economy, and expanded Single VAT Registration, with implementation planned from 2027 to 2035. Businesses must prepare... Read more

Sweden's updated tobacco tax rules, effective November 1, 2024, set specific per-unit and value-related tax rates for cigarettes, cigars, cigarillos, and smoking tobacco, with rates to be recalculated annually starting in 2025. Read more

Sweden's parliament has approved VAT changes effective January 1, 2025, including raising the VAT registration threshold to SEK 120,000 and imposing a 12% VAT rate on artwork sales. Virtual events will now be taxed based on the recipient's location, and the new EU-Wide Small Business Scheme allows businesses to benefit from VAT simplifications across multiple EU states. These amendments aim to sim... Read more