Coinspeaker
Swedish Tax Authorities Seek $90M from Crypto Miners for Unpaid Dues
Swedish tax regulators demand $90 million from companies mining cryptocurrencies in the country for unpaid dues. According to a recent announcement, the country’s tax agency, Skatteverket, uncovered significant tax evasion in the nation’s crypto mining sector during an investigation and is now demanding that the companies pay what is owed to the government.
Misleading Information
Skatteverket investigated 21 crypto mining firms between 2020 and 2023. These firms claim to be operating data centers to avoid paying taxes. During this period, the tax agency found that 18 of the companies had provided misleading or incomplete information regarding the full scale of their business operations.
As per the announcement, this misleading information included falsifying business descriptions to avoid paying value-added tax (VAT) on taxable operations and finding ways to evade import taxes on mining eq
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