NFTC Urges Sweden to Refrain from Adopting New Tax Proposal

Washington, DC – National Foreign Trade Council (NFTC) President Bill Reinsch today sent letters to Swedish Minister of Finance Anders Borg and State Secretary Ingemar Hansson, urging the ministry to refrain from adopting tax policies, which would place greater restrictions on the deductibility of interest. The NFTC sent the letters in response to a recent report developed by Sweden’s Tax Administration.“Sweden has, in part, been a favored destination for inward investment both because of its stable tax regime, and because of a consistent effort by Swedish lawmakers to provide an attractive