The 2012 worldwide VAT, GST and sales tax guide

S WEDEN 619
Malmö GMT +1
Ernst & Young
Torggatan 2
211 40 Malmö
Sweden
Indirect tax contact
Olof Lundquist +46 (40) 693-15-88
Email: olof.lundquist@se.ey.com
A. At a glance
Name of the tax
Value-added tax (VAT)
Local name
Mervärdesskatt (Moms)
Date introduced 1 January 1969
European Union (EU)
member state
Yes
Administered by
Ministry of Finance
(http://www.finans.regeringen.se)
VAT rates
Standard 25%
Reduced 6%/12%
Other
Exempt and exempt with credit
VAT number format SE 5 5 6 1 2 3 1 2 3 4 0 1
VAT return periods Monthly (if turnover exceeds
Swedish kronor [SEK] SEK
40 million)
Quarterly (with the possibility to
opt for monthly)
Annually (if turnover is below
SEK 1 million)
Thresholds
Registration
None
Distance selling SEK 320,000
Intra-Community
acquisitions (for
exempt taxable
persons) SEK 90,000
Recovery of VAT by
nonestablished businesses Yes
B. Scope of the tax
VAT applies to the following transactions:
• The supply of goods or services made in Sweden by a taxable
person
• The intra-Community acquisition of goods from another EU
member state by a taxable person
• Reverse-charge services received by a taxable person in Sweden
• The importation of goods from outside the EU, regardless of the
status of the importer
C. Who is liable
A taxable person is an individual or business entity that makes
taxable supplies of goods or services, intra-Community acquisitions
or distance sales in the course of a business in Sweden.