Tax Rate by Region

Iceland introduced a 24% eCommerce sales tax in 2011, applicable to all non-resident providers of electronic and digital goods and services.

    1. E-products and services VAT/Sales tax rate
    2. Implementation date
      Nov -11
    3. Worst penalty
      Fines and Prison
    4. Taxable goods
    5. Registration Threshold
      ISK 2 million
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Tax Panic Level