Sweden Considering Further Amendments to Pillar 2 Global Minimum Tax Law to Incorporate June 2024 Guidelines

The Swedish government has published a memorandum on draft legislation amending the Act on Additional (Supplementary) Tax, which provided for the implementation of the Pillar 2 global minimum tax in accordance with Council Directive (EU) 2022/2523 of 14 December 2022. The draft legislation amends the Act to incorporate additional administrative guidelines issued by the OECD/G20 Inclusive Framework in June 2024, offering clarifications and interpretations of the existing regulations. The amen…