Tax processing
| Euroclear Sweden is obliged by law to withhold preliminary tax and coupon tax on certain payments to account holders and to be responsible for sending income statements. In some cases Euroclear Sweden has also undertaken a similar tax processing with regard to foreign taxation. |
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Qualified Intermediary |
The table below shows the main features of this tax processing.
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Tax on |
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Who |
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How much |
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Preliminary tax |
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Share dividend and interest payment |
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Private individuals domiciled in Sweden and Swedish estates of a deceased person |
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30 % or an amount large enough so that, together with the foreign tax, it amounts to 30 %
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Coupon tax |
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Divdend on shares in Swedish companies. Coupon tax is also withheld on dividend in kind. A payment to shareholders at decrease in share capital, liquidation or merger is equivalent to a dividend.
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Shareholders who are not liable to tax in Sweden.
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30 %, but can be reduced in accordance with a double taxation agreement. |
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Reporting obligation |
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For whom |
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Income statements |
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Details of dividends received, interest and redemption amounts.
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Private individuals and estates of a deceased person regardless of fiscal domicile. |
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American tax
(Qualified Intermediary - QI)
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Payments on American securities, including Swedish depository receipts American shares.
Euroclear Sweden has a reporting obligation to the American tax authorities and the investor.
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An owner of American securities receives a tax deduction at source of American tax if the owner has a VP account at a QI or is nominee-registered at a QI. A Nominee/Account Operator that is a QI must also have signed a special agreement with Euroclear Sweden.
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A tax deduction at source in accordance with the double taxation treaty between USA and the country where the investor has fiscal domicile. |
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