The Swedish government has announced that it has submitted a legislative proposal to reduce the VAT rate on electronic publications from 25% to 6%. The 6% rate would apply to the electronic equivalents of publications which, in printed form, are taxed at the 6% rate, including newspapers, magazines, and books. However, publications that that consist mainly of advertising, video, or music content would not be covered by the reduced rate.
As proposed, the reduced 6% rate would apply from 1 Ju…