The taxation and investment guides are a first stop for investors wishing to gain a working perspective on the operating conditions and investment climate including the legal accounting and taxation framework in the countries covered in the deloitte international tax source in addition to the iceland highlights and taxation and investment guide above country links open the door to . Icelands vat for digital products vat is the consumption tax throughout iceland levied on almost everything sold in the country there are specific rules around digital products which you must follow closely to stay tax compliant. Resident individuals are fully liable for tax payments in iceland on their worldwide income the tax liability ends as soon as the individual leaves iceland however former domiciles remain fully tax liable in iceland for three years after leaving the country unless they prove that they have become subject to taxation in another country. If youre heading to iceland dont forget about the value added tax vat on goods and services purchased thereif youve kept your receipts you may be eligible for a vat refund when you leave the country heres how it works and what to do to get a refund. 11 how many income tax treaties are currently in force in your jurisdiction in iceland there are currently 40 tax treaties in force one of which is a multilateral treaty between the nordic countries denmark the faroe islands finland iceland norway and sweden
How it works:
1. Register a Free 1 month Trial Account.
2. Download as many books as you like ( Personal use )
3. No Commitment. Cancel anytime.
4. Join Over 100.000 Happy Readers.
5. That's it. What you waiting for? Sign Up and Get Your Books.