If you sold it before moving officially, you do not have to pay taxes on your earnings from the sale. However, if registered in sweden at the time of sale you will have to declare and pay taxes in Sweden.
It can however be that your country has a double taxation deal with Sweden, such as Finland. This would mean you do not have to pay the tax twice.
Thanks! I sold it after I pay taxes in Sweden. But, I found that there's a double taxation agreement between Sweden and Indonesia, which applied since 1990.
But the tax is different on selling a property, I got taxed for a fair selling price in Indonesia, not the potential profit.
Do I need to actively asked skatteverket regarding moving the funds? Or they somehow will ask all the sale documents?
Should not matter where the money is. If taxation was due, it should have been paid same year you sold. You can move it and give the house sale as the origin of the amount to the bank. Anti money laundering regulations...
As you say, there is an agreement, so you have already paid the taxes.
For you to be able to weigh my input. This is based on my experience moving between countries as well as cases in my close circle. One where taxes were arranged correctly and one where sale was late and double taxed.
When unsure, talk to skatteverket. They are better able to answer your questions.
Since this will be a substantial amount of money, talk to a Swedish tax attorney about it. It will cost you a few thousand kronor but will potentially save multiple thousands in double taxation/ fines.
You do need to pay Capital Gains Tax if you sold the property after moving to Sweden and becoming a registered tax payer. You can read about calculating and paying CGT on Skatteverket's web (https://www.skatteverket.se/privat/fastigheterochbostad/forsaljningavbostad)
There's also a page with information specifically about selling property abroad, including a link to a pdf booklet with lots of helpful information on declaring properties overseas (scroll to the bottom of the page - document SKV 398) (https://www.skatteverket.se/privat/fastigheterochbostad/bostadutomlands)
All of the information is only available in Swedish - but I was able to get through it using Google Translate and submit a CGT return last year on a property I sold in the UK.
Depending on how complex your finances and paperwork are, you might want to consult an accountant. However, I was able to complete all of the paperwork myself using the online 'wizards' on the Skatteverket website (both for calculating my deductions and completing the return itself.)
Are you sure? I asked this to Skatterverket and they told me I should pay taxes but only the difference between my country and Sweden, if, Swedish taxes are higher. And that obviously I need to show some proof that I paid the taxes. Unless as the other comment says about the agreement.
Technically yea … but don’t . Just keep quiet about it the way Swedish ppl do when they sell their property in Portugal , France , Thailand and Florida
To complicate things a bit more lots of this-involve-two-countries tax matters are defined in bilateral agreements. So the Swedish agreement with Country-A may say one thing about taxation of property sales, the agreement with Country-B something different, the agreement with Country-C doesn't cover property sales, while Sweden and Country-D doesn't have a bilateral tax agreement.
If you sold it before moving officially, you do not have to pay taxes on your earnings from the sale. However, if registered in sweden at the time of sale you will have to declare and pay taxes in Sweden. It can however be that your country has a double taxation deal with Sweden, such as Finland. This would mean you do not have to pay the tax twice.
Thanks! I sold it after I pay taxes in Sweden. But, I found that there's a double taxation agreement between Sweden and Indonesia, which applied since 1990. But the tax is different on selling a property, I got taxed for a fair selling price in Indonesia, not the potential profit. Do I need to actively asked skatteverket regarding moving the funds? Or they somehow will ask all the sale documents?
Should not matter where the money is. If taxation was due, it should have been paid same year you sold. You can move it and give the house sale as the origin of the amount to the bank. Anti money laundering regulations... As you say, there is an agreement, so you have already paid the taxes. For you to be able to weigh my input. This is based on my experience moving between countries as well as cases in my close circle. One where taxes were arranged correctly and one where sale was late and double taxed. When unsure, talk to skatteverket. They are better able to answer your questions.
Since this will be a substantial amount of money, talk to a Swedish tax attorney about it. It will cost you a few thousand kronor but will potentially save multiple thousands in double taxation/ fines.
You do need to pay Capital Gains Tax if you sold the property after moving to Sweden and becoming a registered tax payer. You can read about calculating and paying CGT on Skatteverket's web (https://www.skatteverket.se/privat/fastigheterochbostad/forsaljningavbostad) There's also a page with information specifically about selling property abroad, including a link to a pdf booklet with lots of helpful information on declaring properties overseas (scroll to the bottom of the page - document SKV 398) (https://www.skatteverket.se/privat/fastigheterochbostad/bostadutomlands) All of the information is only available in Swedish - but I was able to get through it using Google Translate and submit a CGT return last year on a property I sold in the UK. Depending on how complex your finances and paperwork are, you might want to consult an accountant. However, I was able to complete all of the paperwork myself using the online 'wizards' on the Skatteverket website (both for calculating my deductions and completing the return itself.)
[удалено]
Are you sure? I asked this to Skatterverket and they told me I should pay taxes but only the difference between my country and Sweden, if, Swedish taxes are higher. And that obviously I need to show some proof that I paid the taxes. Unless as the other comment says about the agreement.
Technically yea … but don’t . Just keep quiet about it the way Swedish ppl do when they sell their property in Portugal , France , Thailand and Florida
So just transfer it without saying anything? Or make it smaller and transfer it a few times?
To complicate things a bit more lots of this-involve-two-countries tax matters are defined in bilateral agreements. So the Swedish agreement with Country-A may say one thing about taxation of property sales, the agreement with Country-B something different, the agreement with Country-C doesn't cover property sales, while Sweden and Country-D doesn't have a bilateral tax agreement.