STOCKHOLM Oct 7 A Swedish government commission
will likely propose an additional 15 percent payroll tax on
financial services firms when it reports next month, a source
familiar with the matter told Reuters on Friday.
Sweden's centre-left government has been trying to impose a
tax on financial services, which are exempt from value-added
tax, but has struggled to come up with a technical solution for
"The proposal will mean a 15 percent payroll tax on
VAT-exempt financial services," the source said, adding it would
affect not only banks.
"It will hit all companies which have revenues from
financial services, which is many," the source said.
The head of the government commission, Christer Sjodin,
declined to comment.
Industry lobby groups and a trade unions representing bank
workers said last month an extra payroll tax on financial
companies in Sweden could cost up to 16,000 jobs.
On Thursday, a budget document seen by Reuters showed
neighbouring Norway's right-wing government plans to impose a 5
percent payroll tax on the banking industry in 2017.
(Reporting by Johan Sennero and Johan Ahlander; Editing by