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Sweden Sets National Income Tax Threshold for 2023

|Approved Changes|Sweden
Sweden

Sweden has published the ordinance establishing the national income tax threshold for individuals for 2023, which is increased to SEK 598,500. For 2022, the threshold is SEK 540,700. With the increase, the national income tax rates for 2023 are:

  • 0% on taxable income up to SEK 598,500; and
  • 20% on taxable income exceeding SEK 598,500.

Note that municipal income tax also applies on total taxab…

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