The Swedish tax authority (Skatteverket) recently issued guidance clarifying the tax treatment of dividends repaid to a distributing company. According to the guidance, if dividends are repaid due to a suspension of the distribution or the decision to distribute is repealed based on civil law, the shareholder will not be subject to tax on the dividends. If, however, the shareholder repays the dividends without a civil law requirement to do so or waives its rights to the dividends, the dividen…