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Thursday, March 29, 2012

Sweden Proposes Higher Tax on Owners in Private Equity Funds

The Swedish Finance Ministry proposed to raise the tax on some income from carried interest on owners in private equity funds, according to an e-mailed statement today.



According to a draft, income up to about 5 million kronor ($750,000) will be from Jan. 1, 2013 taxed as normal income while earnings above will be taxed as capital gains at the rate of 30 percent.
CONTINUE READING AS YOU ENTER THE WORLDS OF @BLOOMBERGNEWS

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