Buyout funds in ‘shock’ as Swedish tax nightmare becomes realityMay 4, 2017
Stockholm: The biggest private equity fund in the Nordic region says a recent Swedish tax decision may be devastating to investments in the country.
Thomas von Koch, the managing partner running EQT AB from Stockholm, says he’s in shock after a Swedish court ruled that he and others working in his industry will need to treat income from investments as salary. The decision, which affects income earned as long as a decade ago, may make it hard for parts of the industry to continue operating in the country, von Koch said. Read more…