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Rich Swedes compared to rich canadians/americans

Taxes In Sweden

post 24.Nov.2012, 11:45 PM
Post #1
Joined: 17.Oct.2012

Hi all,

I was just wondering how much the super rich in sweden pay in taxes?
I know that in Canada the super rich ie 1 million dollars plus per year pay taxes at a much lower rate than the top marginal tax rate. I also know that the same happens in the UK, just look at Jimmy Carr and the jersey scheme he used!
I noticed that the top marginal tax rate in Sweden was over 50%, my question is so the super rich actually pay this or do they use tax loopholes just like the rich in Canada, the US and the UK.

Also if they do use these loopholes what level of tax do they end up paying?
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Bender B Rodriquez
post 25.Nov.2012, 04:12 AM
Post #2
Joined: 25.Mar.2006

50% tax is only for high income (from work). Most rich people earn their money from capital gains which is taxed at 30%, and there is always room for extensive tax planning.

Stefan Persson (majority shareholder of H&M) paid about 125 million USD in tax last year from stock dividends.
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