The Impact Assessment of Implementing a Global Minimum Tax for MNEs in Sweden1

2021, Billion SEK
Year	Revenues	Profit*	Loss	Taxes**	Employees (Thousand)	UPE (Number)
2016	4 306	184	196	39	941	84
2017	4 502	203	242	43	971	98
2018	4 856	229	350	49	992	98
2019	4 765	319	318	65	996	104
2020	4 761	311	299	62	1 024	110
2021	5 227	366	318	67	1 036	116

1 Source: FRIDA & CbCR and own calculations

1* Profit here is equivalent to taxable income.

1** Corporate tax.

Table 2:

Descriptive statistics for in scope companies (global activities).

2021, Billion SEK
Year	Employees (Thousands)	Revenues	Profits*	Losses	Accrued tax**	UPEs
2016	1 700	4 900	740	167	69	84
2017	1 800	4 400	880	74	106	98
2018	1 800	4 700	963	53	97	98
2019	1 800	5 000	801	107	103	104
2020	1 700	4 100	470	120	93	110
2021	1 700	4 600	847	42	136	116

1 Source: FRIDA & CbCR

1* Profit is the CbCR profit before income tax.

1** Income tax accrued in CbCR.

Table 3:

Hypothetical top-up tax revenue from Swedish MNEs due to undertaxed foreign entities per year.

Billion SEK
Year	2016	2017	2018	2019	2020	2021
EU	14	18	21	8	3	6
G20 (ex. EU)	3	3	5	3	1	1
Rest of the world	9	5	4	2	1	3
Total Top-up tax	26	25	30	12	5	10

1 Source: CbCR and own calculations.

References

Authors

Metrics

Articles in this issue

DOI: https://doi.org/10.2478/ntaxj-2023-0007 | Journal eISSN: 2246-1809

Journal RSS Feed

Language: English

Page range: 111 - 123

Published on: Apr 22, 2024

Published by: DJØF Publishing, Nordic Tax Research Council

In partnership with: Paradigm Publishing Services

Keywords:

BEPS,

OECD,

Global Minimum Tax,

Corporate Tax,

Sweden

Related subjects:

Business and economics,

Political economics,

Public finance and fiscal theory,

Business management,

Business law,

Law,

History, philosophy and sociology of law,

Public law,

Tax and accounting law

© 2024 Pardis Nabavi, Martin Nordström, published by DJØF Publishing, Nordic Tax Research Council
This work is licensed under the Creative Commons Attribution 4.0 License.

Volume 2023 (2023): Issue 1 (December 2023)