The European Commission refers Sweden to the European Court of Justice for the reason that under Swedish law, capital gains from home sales can only benefit a tax relief if the sold home is located in Sweden and if the sales profits are reinvested in a replacement residence in Sweden. The commission believes this constitutes a discrimination of the EC Treaty rules, including the rules concerning the free movement of persons. Read more.

This entry was posted on Tuesday, December 20th, 2005 at 1:25 pm and is filed under EU, Sweden, Personal Tax. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.