Background & Purpose

The Swedish government proposed to increase the excise tax on gambling.

Proposals & Debate

The government proposed raising the excise tax on gambling companies' profits from 18% to 22% of the profit for each tax period, which is a calendar month.

The Decision

Sweden's Parliament approved the government's proposal to increase the excise tax on gambling from 18% to 22% of the profit for each tax period.

Does this affect you?

  • Gambling Companies in Sweden: They will pay a higher percentage of their monthly profits in tax to the state.
  • Swedish State: Will receive increased tax revenue, which can be used for public services.
  • Gambling Players: May see changes in odds, bonuses, or offerings as companies adjust to the higher tax burden.

In Practice

  • Gambling companies operating in Sweden will pay a higher tax rate on their monthly profits.
  • The Swedish state will collect more money from the gambling industry.
  • The tax rate applied to gambling profits will be 22% instead of the previous 18%.
  • This new tax rate will apply to profits earned during each calendar month.