Spotify Technology SA co-founder Martin Lorentzon said he would leave Sweden immediately if the country introduces new wealth taxes.

Lorentzon urged politicians to consider higher taxes on capital or dividends instead of a wealth tax, saying it would be “directly counterproductive”.

Lorentzon said the discussions about new taxes have already created uncertainty, with entrepreneurs asking if it is still OK to start a company in Sweden.

Paywall? https://www.removepaywall.com/search?url=https%3A%2F%2Fwww.bloomberg.com%2Fnews%2Farticles%2F2026-09-05%2Fspotify-s-lorentzon-says-he-d-leave-sweden-if-wealth-tax-imposed

  • macniel@feddit.org
    link
    fedilink
    English
    arrow-up
    42
    ·
    5 days ago

    Lorentzon urged politicians to consider higher taxes on capital or dividends instead

    Mmmhm I wonder why. Is it because capital and dividends could be off-shored to decrease tax deductions?