What is indirect taxation? How do you handle indirect taxes? How do you ensure compliance in a fast-changing landscape? What are some of the common mistakes when dealing with indirect taxes, and how can you avoid them?
The questions can quickly become complex when you start to expand your knowledge of tax regulations. Our tax specialists are prepared to address your inquiries and assist your business with any challenges within the field of tax, particularly when it comes to questions regarding indirect taxation.
What is indirect tax?
Unlike direct taxes, indirect taxes are imposed on one party but borne by another party, typically the consumer. It is possible to divide indirect taxes into two subgroups, general indirect taxes, which are levied on most goods and services, and customs and excise duties, which are levied on certain goods and services.
Would you like to learn more? Allow our tax experts to address your inquiries and support your business. KPMG provides full-service assistance with indirect taxation. Please contact us to schedule an initial meeting.
Our services
Value-added tax (VAT) is a tax that is handled by companies in millions of transactions every day. Our experts ensure that you comply with the different regulations.
Qualified advice in the field of VAT
The rules for how companies should handle VAT are becoming increasingly complex, and in many situations, specialist help is required to best carry out various business transactions. We can answer inquiries regarding everything from charging correct VAT to complicated issues related to restructuring or corporate acquisitions. We give companies briefings on VAT rules and handle VAT reporting for both Swedish and foreign companies. Together with our global KPMG offices, we investigate the effects of EU VAT rules on international transactions.
Due to the increasingly rapid internationalization of the business world and Sweden's membership in the EU, we often must consider legislation of other countries in addition to the Swedish legislation. The common control system for VAT within the EU has been streamlined, which means increased opportunities for the Swedish Tax Agency to review international transactions. Nowadays, extensive reviews of companies' transactions are also carried out, which means that mistakes can often have far-reaching consequences.
To ensure that your company complies with the applicable regulations and is well prepared for the changes to come, it is important to have regular communication with your tax advisor.
How can KPMG help your company? We can, among other things, help with:
- Corporate acquisitions and restructuring
- Corporate sales
- Tax litigation
- VAT registration of Swedish and foreign companies
- Tax audit assistance
- EU VAT
- Other international transactions
- Tax courses
A change from income taxes to consumption taxes, especially consumption that impacts the environment, are gaining more and more attention. Excise duties and environmental taxes will gain more importance, and new excise duties may be introduced.
Examples of excise duties:
- Tax on alcohol
- Tax on waste
- Taxes on energy, such as electricity and fuel
- Tax on air travel
- Tax on chemicals
- Tax on nicotine
- Tax on tobacco
Our services
- Registration for excise duties (applications, payment guarantees etc.)
- Routines for excise duties reporting that assures correct excise duties returns and refund applications
- Risk analysis of excise duties management
- Investigations of excise duties implications for handling excise goods
- Tailor made training of staff
- Representing clients in contacts and disputes with authorities and proceedings in administrative courts
- Legal investigations
KPMG is a global leader in trade and customs, with over 400 experts in our international network and decades of experience supporting companies with complex customs- and trade compliance issues. We have successfully assisted businesses across various industries - from manufacturing to technology and life sciences - in navigating complex regulations and optimizing their global supply chains.
With deep industry expertise and a strong understanding of both local and international regulations, we provide tailored solutions to meet each company's unique needs. Our services are designed not only to ensure regulatory compliance but also to optimize processes and improve cost efficiency. Whether you require advice on complex customs valuation issues, export control, or strategic support for international expansion, we are the partner to help you navigate an era of significant geopolitical changes and increasing regulatory demands.
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