On Monday 26 June, the European Commission authorised a Swedish aid regime aiming to reduce taxation on share options offered to company employees.
The Swedish State will allocate around €16.35 million over a period of 10 years to allow innovative, small and young companies to be able to recruit and retain their employees without unduly distorting competition. The aid will take the form of a tax reduction on share options offered to company staff.
This will allow employers to reduce their...