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Sweden Announces Additional Amending Budget Due to the Coronavirus

|Proposed Changes|Sweden
Sweden

The Swedish Ministry of Finance has issued a release on an additional amending budget due to the coronavirus. For businesses, this includes the following on deferment of employers’ social security contributions and employees’ preliminary tax.

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Measures adopted to support companies affected financially

The proposal on short-time work, which is intended to avoid layoffs and give companies the opportunity to quickly get started again once the situation has changed, will be brought forwar…

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