3 ms·

No idea about the situation in Sweden but generally speaking I'd say it depends a lot on whether "income" in "income tax" also includes capital gains.

• Jolter 4y ago
  It does not, in Sweden.
• geysersam 4y ago
  Don't know any country where it does. In Sweden it certainly doesn't.
  • LtWorf 4y ago
    It doesn't but they are taxed the second you sell them off. So cool… you're rich but if you actually want to use the money it is taxed.
    • pazx 4y ago
      Income tax and capital gains tax are two different things and two different rules sets. In Sweden income tax is max ~56% while max capital gains is 30%.
      • kevinak 4y ago
        Don't forget to add the "totally not income tax" aka arbetsgivaravgift at another 30% :D
        • Jolter 4y ago
          That does also not apply to capital gains.
    • kevinak 4y ago
      Actually... Sweden has a large loophole for extremely rich people. Stick it all in a "Capital Insurance" product and pay a low yearly tax on the amount, rather than the gains. It kind of makes Sweden into a low tax haven if you're only living off capital.