Iceland Corporate Tax Rate  1993-2017 | Data | Chart | Calendar | Forecast

The Corporate Tax Rate in Iceland stands at 20 percent. Corporate Tax Rate in Iceland averaged 23.36 percent from 1993 until 2017, reaching an all time high of 33 percent in 1994 and a record low of 15 percent in 2008.

Iceland Corporate Tax Rate
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Iceland Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 20.00 20.00 33.00 15.00 percent [+]
Personal Income Tax Rate 46.30 46.20 46.90 35.70 percent [+]
Sales Tax Rate 24.00 24.00 25.50 24.00 percent [+]
Social Security Rate 11.35 11.49 16.65 11.35 percent [+]
Social Security Rate For Companies 7.35 7.49 8.65 5.23 percent [+]
Social Security Rate For Employees 4.00 4.00 8.00 4.00 percent [+]

Iceland Corporate Tax Rate Notes

In Iceland, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Iceland. This page provides - Iceland Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Corporate Tax Rate - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
20.00 20.00 33.00 15.00 1993 - 2017 percent Yearly

corporate tax rate by Country

United States 38.90 Dec/16
India 34.61 Dec/16
Brazil 34.00 Dec/17
France 33.30 Dec/17
Japan 30.86 Dec/16
Australia 30.00 Dec/16
Mexico 30.00 Dec/17
Germany 29.72 Dec/16
Italy 27.90 Jan/17
Canada 26.50 Dec/16
China 25.00 Dec/17
Indonesia 25.00 Dec/16
Netherlands 25.00 Dec/17
Spain 25.00 Dec/17
South Korea 24.20 Dec/16
Russia 20.00 Dec/17
Turkey 20.00 Dec/17
United Kingdom 19.00 Dec/17
Switzerland 17.92 Dec/15