This form is to be used by foreign insurance companies who conduct cross-border business in Sweden.
The form must be submitted both for individuals and legal entities with fiscal domicile in Sweden who are liable to tax on foreign life insurances. With life insurance is meant pension insurance and endowment insurance as well as an agreement on occupational pension comparable with a pension insurance or an endowment insurance.
The information shall refer to the insurance capital base. The capital base is calculated in different ways depending on whether the insurance is, or is comparable to, a pension insurance or an endowment insurance.
The capital base for a pension insurance is the value at the entry of the fiscal year.
The capital base for an endowment insurance is the value of the insurance at the entry of the fiscal year increased by premiums paid to the insurance during the fiscal year. The premiums which are paid during the second half of the fiscal year shall only be added by 50%.
It is necessary to specify whether the form refers to a pension insurance or an endowment insurance in box 654:
P = Pensionsförsäkring (Pension insurance)
K = Kapitalförsäkring (Endowment insurance)