New Swedish interest stripping restrictions to apply from 2013?

Tax Insights ()

The debate in Sweden during recent months has been heavily influenced by public concern in respect of aggressive debt financing and debt push-down transactions by PE-houses and industrial players, believed to be threatening the welfare system and routing Swedish pre-tax income offshore. As a result, on 22 March 2012, the Ministry of Finance issued a proposal for new Swedish interest stripping restrictions, to become applicable for interest expenses accruing after 31 December 2012.