Friday, October 21, 2016

Lindberg: 16 000 jobs could disappear – Expressen

It is less than two weeks to go until the government’s new investigation about an extra tax on the financial sector will be presented. The inquiry was appointed in the last year, and the expected outcome is that it will add a extra tax of 15 percent on the financial sector.

the Government argues that a payroll tax in the financial sector could be established, then it is exempt from vat. But that is the opinion of the president of the Association, Hans Lindberg, is not a reason to introduce the extra tax. During a seminar on Friday he directed strong criticism against the likely proposal, which Dagens Industri wrote about.

– this proposal smells of the 1980s. The difference is that when Sweden was not in the EU, there was not a free flow of financial services and the financial operations were not internationalized in the same way, said Hans Lindberg to the newspaper.

He and the Swedish bankers ‘ Association has also commissioned a report by Copenhagen Economics. According to their calculation would be 16 000 of the current 85 000 services in the financial sector to be able to go up in smoke if the proposal is enforced.

– The four major Swedish banks already has 13 000 employees in the Baltic countries, where wage cost is a third of the Swedish. At the same time, have the younger generations, where now the same level of education in Sweden, ” he says to Di.

another reason that he is that there is a digitization in the financial services industry. Would additional payroll taxes be imposed, it would lead to the digitisation and rationalisation is driven on further.

To just the financial industry are being investigated for an additional tax think Hans Lindberg depends on that the Swedish politicians want to use them to take home simple, political gain. The financial reputation is also something that makes the politicians more easily can use it.

” We try in various ways to work for the trust for the banking sector should be improved. For example, we have in the spring, started the Swedish Institute against money Laundering to help to, and interpret all the new regulations in the penningstvättsområdet and give out recommendations and guidance, ” says Hans Lindberg to the Di.

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