Swedes' Biggest Tax Mistakes

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Swedes' Biggest Tax Mistakes
Photo: Janerik Henriksson/TT

The Swedish Tax Agency says in a report that the tax error for VAT is large, estimating VAT errors alone at SEK 29 billion.

"The high amount is due to the fact that many people are subject to VAT rules and that the regulations are complex. There is also VAT fraud," said Sofia Tano, an analyst and the report's author, in a press release.

Tax errors for service income are estimated to amount to SEK 11.1 billion. Tax errors for capital income are estimated to be SEK 7.8 billion, which corresponds to a full 7.1 percent of all tax revenues from capital income.

The Swedish Tax Agency's tax error report shows that VAT errors cause the largest tax error, that is, revenue that society loses due to tax return errors or fraud.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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