Sweden Prediction Market Taxes

How Sweden Taxes Prediction Markets

In Sweden, prediction market gains are taxed at a 30.00% rate. Losses from non-EU-licensed platforms are generally not deductible.

Report through Skatteverket.

30.00%

Flat rate on gross winnings

How to File

1. Log in to Skatteverket (skatteverket.se) with BankID.
2. Go to your income tax return (Inkomstdeklaration).
3. Report your prediction market winnings under "Vinst från spel som inte är skattefria".
4. Convert USD amounts to SEK using Skatteverket’s approved exchange rate.
5. Submit your return by May 2.

How are prediction markets taxed in Sweden?

Winnings from non-EU-licensed platforms are taxed as capital income (inkomst av kapital) at a flat 30% rate.

Can I deduct my losses?

No. Losses from non-EU-licensed platforms cannot be deducted against winnings in Sweden.

What exchange rate should I use?

Use Skatteverket's approved exchange rate for USD to SEK conversion when reporting.

What is the filing deadline?

The standard deadline for income tax returns is May 2. Digital submissions may have slightly later deadlines.