Sweden To Probe E-Commerce And Rental Income Declarations
by Ulrika Lomas, Tax-News.com, Brussels
03 March 2021
The Swedish tax authority has announced that it will be expending more resources this year on ensuring businesses fully declare income from e-commerce and taxpayers report income from home rentals.
The tax agency noted many Swedes rented out their holiday homes last summer, as a result of the COVID-19 pandemic, and consumers shifted their spending online. Its investigations will focus on both income tax and value-added tax compliance.
The tax agency said it will in particular look at the affairs of small- and medium-sized companies that sell their goods or services online, including to customers overseas.
Further, the tax authority said it will look closely at taxpayers' claims for the new deduction for the installation of green technologies.
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