
- A great relief, said Per Strömbäck, spokesperson for the Swedish Games Industry. A lot of members have been worried; the double taxation issue looked to become a real hindrance to this evolving industry. We can now compete on the same terms as other app development companies throughout the rest of Europe.
It is because of different interpretations of the EU VAT rules that double the double taxation situation arose. In a parliamentary debate last week, finance minister Anders Borg made reference to ongoing negotiations with the EU VAT Committee, but promised a "relatively speedy resolution." It is whilst awaiting clear guidelines from the EU that the Swedish Tax Agency has now decided to act and refrain from demanding double tax from Swedish app developers. The Swedish Games Industry together with others had previously criticized the government for sacrificing Swedish companies while EU member states have failed to reach an agreement, but this means that such a situation has been avoided.