More than fifteen years have passed since a Swedish Riksdag voted unanimously to repeal the gift and inheritance tax laws; it is more than ten years since the wealth tax was abolished. Compared to other countries, Sweden was relatively late – 2007 - abolishing wealth tax but a little earlier – 2004- in abolishing inheritance tax . Today, many countries have no inheritance tax, or at least none within the family . However, among those countries in Europe that continue to levy inheritance tax, the rates are trending downwards .
This book tells the story of the impact of these harmful taxes on ownership, how the taxes were abolished and the positive consequences for Swedish companies and Swedish business.