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🇱🇹 Lithuania /Economy & Trade

Spotify co-founder: I would leave Sweden if a wealth tax were introduced

From Delfi · () Lithuanian

Translated from Lithuanian and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Context piece
  • Spotify co-founder Martin Lorentzon said he would leave Sweden immediately if the country introduced new wealth taxes.
  • His warning adds to concerns that the proposals being considered before the September election could prompt entrepreneurs and capital to leave Sweden.

Martin Lorentzon, one of the founders of Spotify Technology SA, says he would leave Sweden without delay if the country introduced new wealth taxes.

The warning comes as proposals are being discussed ahead of elections in September. It has intensified concerns that the measures could encourage entrepreneurs and capital to move out of the country.

Lorentzon’s statement places the potential impact on business owners and investors at the center of the debate over the proposed taxes.

If a wealth tax were introduced, I would leave Sweden.

· Martin LorentzonThe Spotify co-founder warned that he would leave the country if new wealth taxes were introduced.
About this summary

Originally published by Delfi in Lithuanian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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