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Finance

Posted By Global Banking and Finance Review

Posted on January 21, 2025

Sweden seeks to raise property tax on wind farms

OSLO (Reuters) - The Swedish government on Tuesday said it has proposed raising the property tax on wind farms to 0.5% of the taxation value from 0.2% currently, bringing it in line with that of other forms of electricity generation.

The amendment to the law is proposed to enter into force on Jan. 1 of 2026, Sweden's finance ministry said in a statement.

(Reporting by Terje Solsvik, editing by Stine Jacobsen)

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