Tax residents in Sweden: are liable to pay national and municipal Swedish tax on their worldwide income,
Tax non-residents in Sweden: are liable to pay tax on income derived from work performed in Sweden.
Individuals will be regarded as tax residents:
Married persons are taxed separately
Taxable income includes:
Certain deductions are permissible for 2014 including:
Individual income tax rates for 2014:
Individual income tax in Sweden is comprised of two major parts: A municipal tax rate between 29.19% and 34.70% and a national tax rate between 20% and 25%. For 2014, the national tax rate applies only to individuals earning more than SEK 420'800 per year. Assuming a municipal tax rate of 30%, the combined tax burden is as follows:
There is a 25% expatriate flat tax rate for non-residents.
In May following the assessment year.