The following are the main Swedish tax measures as approved as part of the Budget for 2017:

• An increase in the individual income tax lower and upper bracket thresholds as follows:
  • up to SEK 438,900 - 0%
  • over SEK 438,900 up to SEK 638,500 - 20%
  • over SEK 638,500 - 25%
• The disallowance of deductions for interest expense on certain subordinated debt securities in the financial sector governed by…