On 15 March 2019, the Swedish Ministry of Finance presented a proposition on the introduction of a reduced VAT rate on electronic publications.
The rate is due to be reduced from the standard rate of 25% to the reduced rate of 6%.
The rate change will come into effect on 1 July 2019.
The reduced rate will apply to:
2. Magazines and newspapers in electronic form.
The reduced rate will not apply to:
1. Publications containing mainly advertisements,
2. Publications containing mainly video content or music to be listened to.
Taxback International are experts in dealing with VAT implementation and support. Contact us today if you have any queries regarding reclaiming VAT from Sweden.
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