In Sweden, the deduction is more limited; a deduction of 30 % of interest up until 100 000 SEK, and 21 % over that amount. As nominal marginal tax rates are so

In Sweden, the deduction is more limited; a deduction of 30 % of interest up until 100 000 SEK, and 21 % over that amount. As nominal marginal tax rates are somewhere in the 40-50 % range, this typically means <15 % actual reduction in taxes.