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Taxation of small and medium-sized enterprises

Tjernberg, Mats LU and Melz, Peter (2000) In European Taxation 40(10). p.473-478
Abstract
Sweden does not have a legal definition of small and medium-sized enterprises (SMEs). There are, however, special tax rules which apply to unquoted companies and close companies. A "close company" is defined in the statutes as a company or an economic association in which a small number of people, directly or indirectly, own shares representing more than 50% of the voting rights. Close companies are subject to special tax regulations in order to prevent the exploitation of the possibility to conclude a contract between a close company and its shareholders. Since 1997, shares in unquoted companies have been subjected to limited relief, at the shareholder level, from economic double taxation.
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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
fiscal law: tax law, finansrätt: skatterätt
in
European Taxation
volume
40
issue
10
pages
473 - 478
publisher
International Bureau of Fiscal Documentation IBFD
ISSN
0014-3138
language
English
LU publication?
yes
id
e1d73e63-bbc4-46fd-8340-8c1635d6ad45 (old id 636460)
date added to LUP
2008-01-16 12:02:37
date last changed
2016-04-16 03:43:22
@article{e1d73e63-bbc4-46fd-8340-8c1635d6ad45,
  abstract     = {Sweden does not have a legal definition of small and medium-sized enterprises (SMEs). There are, however, special tax rules which apply to unquoted companies and close companies. A "close company" is defined in the statutes as a company or an economic association in which a small number of people, directly or indirectly, own shares representing more than 50% of the voting rights. Close companies are subject to special tax regulations in order to prevent the exploitation of the possibility to conclude a contract between a close company and its shareholders. Since 1997, shares in unquoted companies have been subjected to limited relief, at the shareholder level, from economic double taxation.},
  author       = {Tjernberg, Mats and Melz, Peter},
  issn         = {0014-3138},
  keyword      = {fiscal law: tax law,finansrätt: skatterätt},
  language     = {eng},
  number       = {10},
  pages        = {473--478},
  publisher    = {International Bureau of Fiscal Documentation IBFD},
  series       = {European Taxation},
  title        = {Taxation of small and medium-sized enterprises},
  volume       = {40},
  year         = {2000},
}