We accountants often use the expressions “tax-deductible” and “non-deductible”. Sometimes “tax-free” and “taxable” as well. But what do these words really mean? Deductible and non-deductible costs Let’s start at the beginning: every year a company pays income tax on its taxable...

What’s this about? Sweden has special rules for small companies with few owners, also known as the “3:12 rules” from an old law paragraph. We’ll use this term here, for lack of a good translation to the common name “Fåmansbolagsreglerna”....

(Update 2022-11-24 with tax figures for 2023) One of the most frequent questions we get from aspiring business owners is what company entity or company type to choose. Here are some aspects of and differences between the most common company...