Iceland

Global Forum on Transparency and Exchange of Information for Tax Purposes: Iceland 2022 (Second Round) - Peer Review Report on the Exchange of Information on Request

The Seychelles and Iceland deposit new notifications under the Multilateral BEPS Convention

The MLI has already started to impact the bilateral treaties of 68 jurisdictions that have ratified it. From 1 January 2022, it is expected to impact over 850 treaties concluded among those 68 jurisdictions, with an additional 900 treaties whose application would be modified once the MLI is ratified by all Signatories, thereby affecting a total of 1750 treaties worldwide.

Making Dispute Resolution More Effective – MAP Peer Review Report, Iceland (Stage 2) - Inclusive Framework on BEPS: Action 14

Taxing Energy Use: Key findings for Iceland

This country note explains how Iceland taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.

Iceland deposits its instrument of acceptance for the Multilateral BEPS Convention

Today, Iceland deposited its instrument of acceptance for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) with the OECD’s Secretary-General, therewith underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Iceland, the MLI enters into force on 1 January 2020.

Making Dispute Resolution More Effective - MAP Peer Review Report, Iceland (Stage 1) - Inclusive Framework on BEPS: Action 14

Taxation Household Savings: Key findings for Iceland

This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system

Tax and Skills: Key findings for all countries

These country specific notes provide figures and commentary from the Taxation and Skills publication that examines how tax policy can encourage skills development in OECD countries.

Revenue Statistics: Key findings for all countries

These country specifc documents provide figures on tax-to-GDP ratios and tax structures for OECD member countries from the latest OECD Revenue Statistics publication.

Environmental taxes: Key findings for Iceland

This country note provides an environmental tax and carbon pricing profile for Iceland. It shows environmentally related tax revenues, taxes on energy use and effective carbon rates.