Recently, CFC rules have gained increased attention, as such rules play an important role in the ongoing efforts of the OECD/G20 and the European Commission with respect to addressing base erosion and profit shifting. In this context, the article revisits the CFC regimes of the Nordic countries, in order to assess whether these regimes are in line with the recommendations from the OECD/G20, and to determine whether Sweden, Finland, and Denmark, as EU Member States, will have to make amendments if the Commission’s proposal for an Anti-Tax Avoidance Directive is adopted in its current form. It is concluded that the Nordic CFC regimes in many ways already are in line with the recommendations as well as the directive, but also that certain amendments have to be made.

 

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