Sweden Gazettes Law Amending Tax Procedure Regulation to Incorporate Additional Tax Reporting Changes for MNEs

The Swedish Official Gazette June 19 issued Regulation No. SFS 2024:474, amending tax procedure regulations to incorporate changes for multinational enterprises (MNEs). The regulation includes measures: 1) permitting a reporting entity to choose use a simplified adjustment for a country during a transition period, subject to conditions, for tax years beginning before Jan. 1, 2029, but ending prior to June 30, 2030; 2) adding Chapter 6 a on additional tax reports for groups; 3) requiring identification information of the person liable for additional tax reports; 4) requiring additional tax reports for foreign group units to contain information on the country ...