Sweden - PricingSweden - Pricing
Companies set prices individually. According to the Swedish Competition Act (which is in line with EU rules), companies are not allowed to practice price fixing. All goods and services are subject to VAT, which ranges from 6 percent to 25 percent (25 percent being the norm), 12 percent for food or hotel charges, and 6 percent for products such as newspapers, books and magazines, and admission fees for commercial sporting events and for transportation within Sweden. Products in Sweden are priced using the following formula: CIF price + import duty + excise tax + profit + VAT.