Further to the European Commission allowing for the equalisation of VAT rates between traditional printed publications and their digital equivalents at the end of last year, Sweden in common with most other Member States is amending its legislation to provide for this change in VAT treatment.

Under a bill submitted to the Swedish Parliament on 14th March 2019, electronic books, newspapers, magazines and similar products will be taxed at the reduced 6% rate of VAT, effective as of 1st July 2019.  Currently, they are subject to VAT at the 25% standard rate.

Electronic products wholly or predominately devoted to advertising or that mainly consist of video content or audible music are not covered under the scope of the proposal.

By |April 15th, 2019|