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End of halcyon days in Portugal
"End of the halcyon days of Portugal"

"BRUSSELS. Swedish pensioners residing in Portugal have been able to live good then they could take out an occupational pension from private employer completely tax-free."

"But today was a new agreement between the countries, which means that it is out of sötebrödsdagarna."

"– It's about fairness, " says finance minister Magdalena Andersson (S)."

"The last few years has a lengthy discussion continued on the rules for Swedish pensioners residing in Portugal."

"Several thousand swedes have been able to live extra delicious when they have been able to take out occupational pensions from private employers or the parachute completely tax-free. "

"It has irritated the Swedish government, which has long tried to plug the gap in the contract that it believed to be unfair."

"Fills the gap in the agreement with Portugal"

"When the minister of finance Magdalena Andersson (S) visited Brussels during the Thursday she told me that it has now reached a success. On the spot she had signed a new agreement with the Portuguese that fills the gap."

"– It was never intended that it would be this way. We had a tax agreement with Portugal, then they changed their legislation on which it occurred. "

"– It's about fairness. Usually the people who have worked their whole life, they pay tax in Sweden. It should so clearly the people with the private means of occupational pension insurance or large parachutes also do this if they live in Portugal, she says."

"the minister of Finance hopes the new agreement to take effect from 1 January 2020. Until 2023, Sweden will take out the treasure of the swedes who today live in Portugal and do not pay anyone."

"But if Portugal faced its own taxation in the area, regardless of level, will the money go to the Portuguese treasury. First, after January 1, 2023, Sweden can ”top up” to the Swedish tax level and take out the difference. "

"Magdalena Andersson was in the day very satisfied."

"– I have really struggled a lot for this and have been at for the that we are to bring about this change."

"Why has it taken so long?"

"– I also think that it has taken for a long time. It works a bit different in different countries. But now we have finally managed to sign this."

"What do you say to those who served on this door?"

" this has been a long debate, there is probably no one though is surprised that this is coming. It has been well known that we from the Swedish side has been on to get to this change."

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