FedEx Express Sverige AB and Federal Express Corporation Sweden Branch – Report on Corporate Income Tax Information
Published: 31-5-2026 09:00 CEST
As part of its commitment to regulatory compliance, the FedEx Group monitors and implements tax reporting obligations in all jurisdictions where it operates.
The Swedish authorities have transposed EU Directive 2021/2101 on public Country-by-Country Reporting (“CbCR”) into national legislation through amendments to the Swedish Annual Accounts Act (Årsredovisningslagen). This legislation requires multinational enterprise groups whose ultimate parent entity is not subject to the laws of an EU Member State, but which operate a medium or large Swedish subsidiary or branch, to publish a report on income tax information. The legislation applies to financial years beginning after 31 May 2024. For FedEx, the first reportable financial year is the period beginning 1 June 2024 (FY25).
This report is published by FedEx Express Sverige AB and Federal Express Corporation Sweden Branch to fulfill the local statutory disclosure obligations under the Swedish Annual Accounts Act.
Section 1. General information
|
Name of the ultimate parent of the group |
FedEx Corporation |
|
Country where the ultimate parent has its registered office |
United States |
|
Financial Year – start date |
June 1, 2024 |
|
Financial Year – end date |
May 31, 2025 |
|
Reporting currency |
USD |
|
Are the reported data based on the reporting framework used for tax purposes, in line with Section III, Parts B and C of Annex III to Council Directive 2011/16/EU (yes/no)? |
Yes |
Section 2. Overview of information on a country-by-country basis
|
Tax Jurisdiction |
Country Code |
Revenue Total |
Profit (Loss) before Income Tax |
Income Tax Paid (on cash basis) |
Income Tax Accrued (current year) |
Accumulated Earnings |
Number of Employees |
|
Sweden |
SE |
240,949,960 |
7,270,045 |
603,590 |
1,045,767 |
(132,508,314) |
587 |
Section 3. List of subsidiaries and activities
|
Tax Jurisdiction |
Tax Jurisdiction Code |
Name of each subsidiary undertaking in the Member State or Tax Jurisdiction |
Brief description of activity |
|
Sweden |
SE |
FedEx Express Sverige AB |
Provision of Services to unrelated parties / Holding Shares or Other Equity Instruments |
|
Sweden |
SE |
Federal Express Corporation Sweden Branch |
Provision of Services to unrelated parties / Other |
Section 4. Omitted information
Omitted information (if applicable) for the current financial year:
FedEx Corporation, the ultimate parent undertaking of the FedEx Group, has not made the necessary global income tax information available to its Swedish subsidiaries to compile a complete public Country-by-Country Report as defined by Chapter 7, Section 7 of the Swedish Annual Accounts Act and EU Directive 2021/2101.
Consequently, in compliance with the statutory requirements for such circumstances, the Swedish subsidiaries are publishing this report containing only the income tax information pertaining to their own operations that is in their possession, obtained, or acquired for the financial year ending May 31, 2025.
Previously omitted information from past financial years disclosed in the current reporting period (if any):
Not applicable.