Tax on chemicals

Sweden is introducing a new tax on chemicals within certain electronic products that are sold in or brought into Sweden. The tax will take effect on 1 July 2017 and will be levied on a range of white goods and electronic products, including computers and mobile phones. The maximum tax will be SKr 320 per product, and the government expects to collect revenues of some SKr 2 billion annually.

All legal entities bringing such products into Sweden will have to fill in a six-page tax form and pay the tax within 5 days. Large companies will be granted some leeway.

Electrolux, one of the firms affected by the new tax, is less than impressed, saying the legislation is laborious. The Swedish Catering Equipment Manufacturers and Distributors Association is also critical, saying the cost of administrating the tax will be far higher than the revenue the government expects to collect.