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New On The Network Today
This feed is published daily with selected new or updated
content from across our network. For a list of network sites, many of
which feature daily news, see below. |
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| 02/09 New
Lowtax Editor Column, by Kitty Miv |
| 01/09 International
Privacy and Security, Investors Offshore special feature |
| 31/08
Lowtax Belize, annual update |
| 27/08
IRS To Drop UBS Lawsuit, Tax-News.com |
| 26/08 New
Lowtax Editor Column, by Kitty Miv |
| 25/08 New
PBTG Editor Column, Caroline, PBTG editor |
| 24/08
Uruguay Stays On OECD Grey List, Tax-News.com |
| 23/08 Don't
Forget Doha, And I Don't Mean The Tennis, Jeremy Hetherington-Gore
blog entry |
| 20/08
Ireland Plans Social Security Overhaul, Tax-News.com |
| 19/08 New
Lowtax Editor Column, by Kitty Miv |
| 18/08 New
PBTG Editor Column, Caroline, PBTG editor |
| 17/06
Lowtax Cayman Islands, annual update |
| 16/08
Germany's Fiscal Court Seeks Property Tax Reform, Tax-News.com |
| 13/08 Jurisdiction
Special Focus: Antigua and Barbuda, Investors Offshore special feature |
| 12/08 New
Lowtax Editor Column, by Kitty Miv |
| 11/08 New
PBTG Editor Column, Caroline, PBTG editor |
| 10/08 Brazil
Cuts Import Tariffs, Tax-News.com |
| 09/08 Ukraine
Tax Code Published, Tax-News.com |
| 06/08
France Plans Reform Of Property Tax Credit, Tax-News.com |
| 04/08 New
PBTG Editor Column, Caroline, PBTG editor |
| 02/08 Islamic
Finance - The New Mainstream Alternative, Investors Offshore special
feature |
| 28/07 New
PBTG Editor Column, Caroline, PBTG editor |
| 27/07 UK
Launches Raft Of Tax Consultations, Tax-News.com |
| 26/07 Fat
Tax On The Menu , Jeremy Hetherington-Gore blog entry |
| 23/07 Sarkozy
Seeks 'Fiscal Convergence' With Germany, Tax-News.com |
| 20/07 Singapore
Base For Tuvalu OIFC, Tax-News.com |
| 15/07 St
Vincent & The Grenadines, Investors Offshore special feature |
13/07 Tax-
News.com Jersey Review 2010-2011 |
| 12/07 Goodbye
To All That, Jeremy Hetherington-Gore blog entry |
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06/07 Hong
Kong Full PBTG Guide, added to Personal Business Tax Guide |
| 28/06
Lowtax Dubai, annual update |
| 18/06 Singapore
- Another Hong Kong?, Investors Offshore special feature |
| 15/06 Swiss
Parliament Approves UBS Agreement, Tax-News.com |
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08/06 Dubai
Full PBTG Guide, added to Personal Business Tax Guide |
| 04/06
Lowtax Panama, annual update |
| 01/06
Lowtax Luxembourg, annual update |
| 03/03
Personal Business
Tax Guide, PBTG, has launched! |
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| Providing essential tax news and information for globally
mobile artists, contractors, entrepreneurs, professionals, small businesses,
sportspersons and entertainers. |
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| Lowtax Network Sites |
| Lowtax Network Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail. |
| Tax News: Global
tax news, continuously updated through the day. |
| Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor. Sponsored by HSBC
Bank International. |
| Law & Tax
News: Daily news and background data on tax and legal developments
for international business. |
| Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation. |
| Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources. |
| US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax. |
| NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers. |
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by Ulrika Lomas, Tax-News.com, Brussels
24 September 2007
Sweden's centre-right government pledged to continue its tax reform plans earlier
this week, announcing cuts in personal income tax worth about US$1.6 billion (around SKr11 billion).
Presenting his government's programme at the opening session of parliament
on Tuesday, Prime Minister Fredrik Reinfeldt told lawmakers that the latest
round of tax reforms was aimed at creating more incentives to work, thereby cutting Sweden's
rate of unemployment.
“Most people in work will have approximately SKR1,000 kronor ($150) per
month more in take-home pay" as a result of the tax cut, Reinfeldt stated.
Presenting the government budget on Thursday, Finance Minister Anders Borg
explained that the new tax reforms were designed to help 200,000 people back to work by
the end of the government's term.
"This is a budget to put more people into work and to find more and broader
ways back for those who are outside the labour market," he reportedly announced.
In other actions that will chip away at Sweden's huge welfare state, the government
will reduce sick pay in the first year by 5% to a maximum of 75% of salary, and
allow employers to forgo social security contributions if they hire employees
who have been out of the labour market due to long-term sickness.
The four-party conservative coalition came to power in 2006 pledging to reduce
the size of Sweden's welfare state and accompanying high taxes, and hit the
ground running with a US$5.8 billion package of tax cuts in January 2007.
"Our vision contrasts with that of the former government, which ran a
political agenda that resulted in that Sweden's low- and middle-income earners
were the most taxed in the world," the four party leaders wrote in an opinion
article in Stockholm daily, Dagens Nyheter.
The government has also promised to eliminate Sweden's wealth tax, charged
at 1.5% on savings of over SKR1.5 million (US$214,000) for single people, and
at the same rate on savings of more than SKR3 million for couples, and reform
an unpopular system of property tax, replacing it with a so-called "communal
tax".
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