New tax criticized by Swedish Electronics

The proposed chemical tax on certain electronics (SOU 2015:30) risks affecting growth and innovation in Sweden without leading to the desired environmental improvements. It is important for the industry to act and influence this issue. Svensk Elektronik has therefore submitted a statement on the proposal to the government..

The electronics industry in Sweden is already working hard on environmental issues and wants to continue to contribute to a better and safer environment, but the proposed tax threatens to reduce competitiveness rather than improve the environment. Harmonization and cooperation within the EU are very important, as this way we can achieve better results in an increasingly globalized world. The punitive tax risks hindering the development of innovative solutions to our global challenges, where electronic systems are often a decisive factor.

The reference answer in brief:

The tax hits Swedish industry hard
Difficult to control and hits small and medium-sized businesses particularly hard
The tax does not lead to reduced chemical emissions – Research is needed to find safe substitutes
The proposed punitive tax on electronics risks slowing down the innovative power and rapid development that can both give us the sustainable solutions of the future and at the same time generate new export income for Sweden.

The proposal was also discussed and commented on at the Swedish Electronics Directive Day on May 20 and at the annual meeting on May 21.

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