Foreign Insurance Companies

The Swedish holder of a taxable foreign insurance must, when the insurance agreement has been signed, without delay to the procurer of the insurance or, if no intermediary is at hand, to the National Tax Board file an undertaking from the foreign insurance company where the latter assumes responsibility to furnish a statement of balance to the Board not later than 31 January of the year following the income year.

Any person who procures foreign taxable insurances in Sweden must file with the National Tax Board statements for insurance agreements procured during the calendar year, which shall contain the name and address of both the insurer and the insurant and also the civic registration number of the insurant. The intermediary must forward an undertaking from the foreign insurance company where the latter assumes responsability to furnish a statement in acordance whith the first paragraph and a consent to such furnishing of statements from the holder.

The statement of balance shall contain the value of the insurance at the end of the year and at the end of immediately proceeding year

The undertaking shall be filed as soon as possible on the form "RSV 2745a" which can be obtained at the National Tax Board.