Sweden’s Government Wants New Rule to Fight Tax Evasion

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Sweden’s government and parliamentary ally the Left Party (Vänsterpartiet) want to introduce a rule that would penalise late submission of information to the country’s Skatteverket tax agency.

Finance minister Magdalena Andersson said that she hopes this would put pressure on individuals with money in offshore tax havens.

“In practice, this means that more people who are avoiding tax will be given a penalty,” Andersson told TT.

People with undeclared assets abroad currently have the option of notifying Skatteverket of their assets without being subject to a penalty in the form of a surcharge.

Read the original article here: thelocal.se

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