Sweden: Interest on refunds of withholding tax - amended process


Further to our Taxflash T15006, dated 3 February 2015 and our Announcement A15034, dated 16 February 2015 regarding interest deemed payable on refunds of withholding tax on dividends, the Swedish Tax Agency (STA) has now renounced its preceding position by publishing a new statement on 11 April 2017 (ref. no 131 144988-17/111).

The new statement states that interest on refunds of withholding tax on dividends will only to be paid, if the withholding tax has been withheld in violation of EU-law. In all other cases, interest will not to be paid on refunds of withholding tax.

Further information

For further information, please contact the Clearstream Banking Tax Help Desk or Clearstream Banking Client Services or your Relationship Officer.


1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for CBF customers using CreationOnline), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.