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Taxes on Income, Profits and Capital Gains (Local Currency) in Iceland

Source: World Bank
Last Updated: March 1, 2024

Taxes on income, profits and capital gains reached ISK 287 bil in 2020 in Iceland, according to the National Statistical Office. This is 0.462% less than in the previous year.

Historically, taxes on income, profits and capital gains in Iceland reached an all time high of ISK 289 bil in 2019 and an all time low of ISK 0.034 bil in 1972.

Iceland has been ranked 38th within the group of 109 countries we follow in terms of taxes on income, profits and capital gains.

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