Sweden: Height taxation of ISK and endowment – Government – Dagens Industri

Sweden: Height taxation of ISK and endowment – the government

                  2015-03-27 13:08
             

 (SIX) The Government proposes increased taxation on investment savings account  and the endowment. The proposal is expected to increase tax revenues by 2  billion in 2016. According to a press release from  Government.       "Taxation of savings on investment savings account and  endowment based on a standard return equivalent  government borrowing. The return on the types of assets that can be  stored in the accounts exceeds However, government borrowing, which means that  savings is tax-favored relative to conventional  capital taxation. In recent years, sharply declining  State loan rates made savings arrangements even more favored. To the  flat-rate yields better reflect the actual  yields suggested that the standard yield is calculated by  capital base multiplied by government borrowing increased by 0.75  percentage points. That the tax should not be too low at a very low  government borrowing should be standardized returns, however, is estimated to be  less than 1.25  percent of the capital base, "writes the government.      Erik Palmung +46 31 350 64 86  mailto: erik.palmung@six-group.se  www.blogg.six.seSIXNews  SIX News