Sweden: New act on dividend withholding tax


Further to Taxflash T20007 concerning the public consultation on the new draft act on the new withholding tax regime for Swedish dividend payments, the Swedish government, on 20 September 2021, has presented its budget bill for 2022, which provides the below updates regarding the implementation of the new act.

If the proposal is approved, it is intended:

  • To enter into force on 1 July 2023 for the articles on authorised intermediaries and on 1 January 2024 for the remaining provisions; and
  • Be applicable to dividends paid after 31 December 2023; and
  • That current maximum withholding tax remains unchanged at 30%.

We continue to monitor the Swedish market as more information becomes available.

This Taxflash is intended to provide customers with general information gathered from different sources that are generally believed to be reliable. Clearstream Banking S.A. does not guarantee the accuracy or completeness of the information and does not undertake to keep it up to date. Use of the information made available in this Taxflash is at the customer’s own risk and Clearstream Banking S.A. its subsidiaries and affiliates expressly disclaim any liability for any errors or omissions