Sweden's news in English

Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Sweden hits Facebook with sizeable tax bill

Share this article

Sweden hits Facebook with sizeable tax bill
File photo of a Facebook office. Photo: Thibault Camus/AP/TT
07:37 CET+01:00
The Swedish Tax Agency (Skatteverket) has denied a round of tax deductions to US tech giant Facebook, hitting it with a bill worth millions.

When combined with an increase by the agency on the amount of VAT collected from Facebook, the total bill is worth around 1.9 million kronor ($227,046), news agency Siren reports.

According to Siren, Facebook did not submit documents proving the validity of the deductions made during 2016 and 2017. A small part of the 1.9 million total the American firm has been asked to pay consists of tax fines from the authority meanwhile.

Facebook opened a data centre in Luleå, northern Sweden in 2013.

READ ALSO: Facebook to open new 'green' Swedish hub

 
Get notified about breaking news on The Local

Share this article

From our sponsors

The free service helping foreign companies to establish in Stockholm

The Local spoke with Uniqlo's Tomokazu Yokoyama and WeWork's Wybo Wijnbergen to hear how they got help with everything from scouting a location to understanding local work culture.