Sweden Tax Agency Updates Guidance on Taxation of Retail Vouchers for Employees

The Swedish Tax Agency Dec. 16 updated guidance on the taxation of retail vouchers offered to employees. The updated guidance clarifies that vouchers issued by an employer are not subject to VAT under the EU VAT Directive, because they are intended for business purposes, rather than solely for personal use by the employees. [Sweden, Tax Agency, 12/16/22]

Reference: View Index. View Updated Guidance.