The Swedish Ministry of Finance Oct. 17 issued Factual Memorandum No. 2023/24:FPM10, to provide information to Parliament (Riksdag) on the proposed EU directive on corporate taxation for large companies under the framework entitled Business in Europe: Framework for Income Taxation (BEFIT). The Swedish government doubts if the proposal’s benefits outweigh restrictions on national tax rules. The proposal includes measures to: 1) specify rules to determine a common tax base for large groups based on the book profit per company in the BEFIT group, and allow for equalization of losses across borders; 2) make the rules mandatory for groups operating in …