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Spotify’s Lorentzon Says He’d Leave Sweden If Wealth Tax Imposed

Source: Bloomberg

Elections & Domestic PoliticsFiscal Policy & BudgetTax & TariffsInvestor Sentiment & PositioningCompany Fundamentals

Spotify co-founder Martin Lorentzon said he would leave Sweden immediately if new wealth taxes are introduced, warning that pending tax proposals ahead of this month’s election could push entrepreneurs and capital abroad. The statement adds negative risk to Sweden’s policy outlook for private wealth and investment sentiment rather than signaling any near-term company-specific financial change.

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