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Bank Corporate Income Tax (Local Currency) in Iceland

Source: IMF
Last Updated: July 24, 2023

Bank corporate income tax reached ISK 7,788 mil in 2020 in Iceland, according to the National Central Bank. This is 37.6% less than in the previous year.

Historically, bank corporate income tax in Iceland reached an all time high of ISK 21,205 mil in 2015 and an all time low of ISK 7,788 mil in 2020.

Iceland has been ranked 25th within the group of 58 countries we follow in terms of bank corporate income tax.

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