Sweden
A. Progress in the implementation of the minimum standard
Sweden has 81 tax agreements, as reported in its response to the Peer Review questionnaire, including the multilateral Nordic Convention concluded with Denmark, the Faroe Islands, Finland, Iceland and Norway (the “Nordic Convention”).1 Its agreement with the Russian Federation complies with the minimum standard.
Sweden signed the MLI in 2017 and deposited its instrument of ratification on 22 June 2018, listing 64 tax agreements. The MLI entered into force for Sweden on 1 October 2018.
Sweden is implementing the minimum standard through the inclusion of the preamble statement and the PPT.2
The agreements that will be modified by the MLI will come into compliance with the minimum standard once the provisions of the MLI take effect.
Sweden signed a bilateral complying instrument with respect to its agreements with Brazil and Portugal. Further, the Parties to the Nordic Convention signed a complying instrument in 2018.
Sweden indicated in its response to the Peer Review questionnaire that bilateral negotiations would be used with respect to its agreements with Germany, Singapore, Slovenia and Spain.
B. Implementation issues
No jurisdiction has raised any concerns about their agreements with Sweden.
Notes
← 1. See the Multilateral convention concluded by Denmark, Finland, the Faroe Islands, Iceland, Norway and Sweden: for the avoidance of double taxation with respect to taxes on income and on capital (1996, 1997, 2008 and 2018). In total, Sweden identified 85 "agreements" in its List of Tax agreements: 80 bilateral agreements and the Nordic Convention concluded with five of its treaty partners.
← 2. For its agreements listed under the MLI, Sweden is implementing the preamble statement (Article 6 of the MLI) and the PPT (Article 7 of the MLI).