Sweden's tax hunt abroad yields 'record haul'
Sweden's tax hunt abroad yields 'record haul'
Swedish tax authorities recovered a record high 800 million kronor ($125 million) owned on money moved abroad to avoid paying tax in Sweden, with funds sheltered in the UK yielding the biggest chunk of cash.
Since 2006, the Swedish Tax Agency (Skatteverket) has been on the hunt for unpaid taxes associated with money moved to tax shelters and bank accounts abroad.
Last year, the agency's efforts paid their biggest dividends yet, yielding 800 million kronor in unpaid tax revenues, the Dagens Nyheter (DN) newspaper reported.
The biggest share of the previously unpaid taxes came from the UK, where Swedes had stashed enough cash to bring in 249 million kronor in tax.
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