Foreign investment funds distributed in Sweden must be considered similarly to a Swedish fund in respect to the refunding of withholding tax.
The Swedish SAC clarified the context in which a foreign investment fund , as a legal entity, may reclaim for refunding the Swedish withholding tax similarly to a Swedish investment fund based on EU Laws ans case laws from the EU Court of Justice.
This decision is the result of an appeal to Swedish SAC by a US investment fund and therefore cancels previous decisions made by Swedish lower courts.