Tax Structure Engineering for Wealth Preservation

“Eventually, Stefan Persson triumphs over Göran Persson's government. The tax proposal is changed, and Stefan Persson receives a nearly tailor-made law on wealth tax, where he is completely exempt from taxation. The law applies to the small group of shareholders who own more than 25 percent of the votes in a company that was listed on the stock exchange's A-list before January 1, 1992. Dagens Industri calls them "tax nobility".[61](private://read/01jas9tvg84jycb27616w1f9k8/#note-61) The number of companies affected can be counted on the fingers of one hand—and one of them is Hennes & Mauritz. Not only that, all members of the Persson family are covered by the law, regardless of whether the shares are owned directly or through wholly-owned companies.”

“"I personally would have no problem living somewhere else, those who are prepared to take ownership must today either sell shares to afford their taxes – or move abroad."”