On 14 November 2018, the Swedish parliament reportedly approved the legislative proposal to amend the country's controlled foreign company (CFC) rules to comply with the EU Anti-Tax Avoidance Directive (ATAD1). In general, Sweden's CFC rules are already compliant with the ATAD and the primary rules are maintained, including the 25% CFC ownership threshold and the low-tax threshold of 55% of the Swedish rate. However, certain changes were needed, which include:
- The amendment of the whitelist …