Bolund defends tax on chemicals

Sweden’s consumer electronics industry is in uproar over the news that the tax on chemicals, which will take effect on 1 July 2017, will only be levied on Swedish firms. Foreign online vendors selling goods to Swedish consumers will not be liable to the tax.

The Swedish trade association Elektronikbranschen is concerned over the amount of administration the tax will require, as well as the extra cost to consumers, saying the tax will distort the market.

Nevertheless, Financial Markets Minister Per Bolund (Green) defends the tax, saying if is “a tool to reduce the use of hazardous chemicals”.