Reed NewsReed News

Swedish tax cuts attract Norwegians to Hemavan

Economy & businessEconomy
Key Points
  • Sweden has lowered fuel taxes and reduced VAT on certain areas.
  • This creates significant price differences with Norway, attracting Norwegians to Hemavan.
  • Economists are skeptical about copying the Swedish reductions, citing inefficiency and uncertainty.

Sweden has lowered fuel taxes and reduced VAT on certain areas, creating significant price differences with Norway. This is now attracting Norwegians to cross the border to Hemavan. Norwegian Merethe Hundnes, while refueling in Hemavan, commented that everything is so expensive and authorities should help where they can.

However, economists consulted by NRK are skeptical about copying the Swedish reductions, with national economist Ivar Gaasland stating it is not very effective for the economy and uncertain if it targets the right areas.

everything is so expensive and authorities should help where they can

Merethe Hundnes

it is not very effective for the economy and uncertain if it targets the right areas

Ivar Gaasland, national economist

Transparency

How we verified this article

UnconfirmedBased on 1 sources
1 sources4 Involved