Beneficial owners – Sweden
The following types of beneficial owner are recognised for tax purposes in Sweden:
Debt securities | |
Beneficial owner | Tax rate |
All (No withholding tax is deducted on interest from Swedish debt securities held in Clearstream Banking) | 0% |
Equities | |
Beneficial owner | Tax rate |
Non-resident of a DTT country a | DTT |
Tax exempt entities:
| 0% |
Swedish residents | 30% |
a. Residents of Switzerland cannot apply for relief at source or a reclaim using the quick refund or standard procedure via Clearstream Banking, but instead reclaim applications for residents of Switzerland must be filed, by the beneficial owner, directly with the competent tax authority. This is following an agreement between the Tax Authorities of Sweden and Switzerland dated 17 August 1993 that regulates treaty benefits and the reclaim process. Under this agreement, treaty benefits are only possible through tax reclaim.
In addition, UK tax resident individuals are not eligible to apply for relief at source or quick refund via Clearstream Banking. Such beneficial owners may however request a standard reclaim.