No Leo, There isn't a capital gains tax in Sweden

[StarfoxEpiphany]

At least not for businesses as they're exempt after holding a share for a year.

https://taxsummaries.pwc.com/sweden/corporate/income-determination

https://www.vinge.se/media/4y4padyu/doing_business_in_sweden_en-1.pdf

and

 

 

 

When you cite wikipedia, make sure you check the actual source it's referencing instead of locking threads and screaming "disinformation".  The source wikipedia and google cited was referring to renting out a room in your own house.

I have good reasons not to care if I get banned.

Edited June 4, 2021 by StarfoxEpiphany
Presentaation

[Blackhawk]

https://www.ekonomifakta.se/fakta/skatter/skatt-pa-foretagande-och-kapital/kapitalskatt/

There is capital gains tax.

Usually it's 30%, but in some special cases it can get lowered to 20%, and also in some special cases it can be up to 50%. According to that site.

But I'm not a expert in this stuff.

Edited June 4, 2021 by Blackhawk

[StarfoxEpiphany]

Quote

Usually it's 30%, but in some special cases it can get lowered to 20%, and also in some special cases it can be up to 50%. According to that site.

I think that's only for unlisted companies and non-LLCs. 

So basically just the mom and pop store, and I'm sure they know how to avoid paying it.

Edited June 4, 2021 by StarfoxEpiphany
Tonality

[Leo Gura]

It sounds like you don't even understand what capital gains is.

Capital gains is profits earned from holding stock.

[StarfoxEpiphany]

@Leo Gura Literally the first thing I mentioned was shares.  LLCs and all sorts of sorts of companies have shares. 

 

You screwed up by citing an article that called rent 'capital gains' probably because it didn't translate correctly.  Next time you go, "hurr duurrr disinformation" at least check your source.

Edited June 5, 2021 by StarfoxEpiphany

[Thought Art]

This is a bazar thread? Is this just anger because you thought Leo misunderstood something small? Are you actually angry about that? It's okay.

Leo also seems to have corrected you as to what a capital gains tax is to him. Except Capital gains is actually a word that means different things in different contexts. A google search suggests that as I see different definitions in different financial areas. 

Edited June 5, 2021 by Thought Art

[Leo Gura]

It is misleading to claim that Sweden has no capital gains tax.