Swedish IT giant regrets tax exemption for IT giants

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Published 11 January 2022 at 10.49

Economics. It is not reasonable for Swedes to pay a third of their electricity bill in electricity tax, while IT entrepreneurs such as Mark Zuckerberg pay SEK 0 to consume as much electricity as Forsmark produces in one year. It writes the broadband giant Bahnhof's CEO Jon Karlung, who originally supported the tax exemption, in Dagens industri.

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Karlung states that the Swedish IT industry, data security and the environment must take the brunt when the government offers American IT giants tax-free establishment in Sweden. He therefore wants to abolish the special rights that were introduced in 2017 and which give American billionaires a de facto tax exemption for server halls' electricity consumption, even though he was originally one of those behind the proposal.

“I was one of those who welcomed IT infrastructure is today's railway network, and a digital society is equipped for the future.Today, it is clear that the intention has not been fulfilled in the long run. environmental sustainability “, writes Jon Karlung.

Karlung states that the rules are” rigged to unilaterally benefit American tech giants “while Swedish companies are disadvantaged.

The government has in fact designed the law so that an IT -companies that want to take advantage of the tax rebate themselves must own the equipment that consumes the electricity and that the company must consume at least 0.1 megawatts per year. All to stifle Swedish entrepreneurs' opportunity to take part in the American sour cream.

“Sweden is not Silicon Valley, and we will never get there if viable domestic players are disadvantaged and startups are stifled in their infancy”, states Jon Karlung .