Tax rules differ between countries. We thus encourage you to contact your local tax authority for guidance on this matter.

For private citizens with tax liability in Sweden, we make the assessment that the rules in chapter 52 of The Swedish Income Tax Act (1999: 1229) probably applies.

Sellers of shares in the secondary market

The seller is taxed on capital gains. An individual citizen declares 100% of the profit as income from capital, and deducts 70% of a loss. The tax rate is 30% in the income category capital. A limited company declares 100% of a profit or loss, at a tax rate of 21.4%. The basis for taxation is the difference between the sales amount after deductions for any sales expenses, and the purchase price.

Shareholders at the end of the investment period

The seller is taxed on capital gains. An individual citizen declares 100% of the profit as income from capital, and deducts 70% of a loss. The tax rate is 30% in the income category capital. A limited company declares 100% of a profit or loss, at a tax rate of 21.4%. The basis for taxation is the difference between the remuneration received and the purchase price.