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Swedish tonnage tax fades in political chaos

The few Swedish carriers left at this point were hoping for clarification on the question of tonnage tax by early next year. Now this issue fades dramatically after the Swedish government announced a new general election to be held in March.

Photo: Stena

Swedish shipowners have for a long time been calling for tonnage tax, as they believe that the absence of such a tonnage tax scheme represents one of the reasons for the collapse of the once-great maritime nation. Only around 100 ships are left under Swedish flag today.

Work on the Swedish tonnage tax scheme began under the previous government, with Minister of Finance Anders Borg, who stressed this summer, prior to the election, that the government planned to introduce tonnage tax as soon as possible.

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