OrbitaxAmendments to Income Tax Law and Coupon Tax Law
|Approved Changes|Sweden
The Swedish Parliament, on 14 December 2005, adopted new rules amending the Income Tax Law and Coupon Tax Law to ensure compliance with the new Company Law. The new rules apply from 1 January 2006, and the details of the main amendments are summarized below:
| - | the previous rule requiring shares to have a nominal value has been abolished. The term "nominal value" has now been replaced with "the ratio" (kvotvärde). T… |