Iceland Personal Income Tax Rate  1995-2017 | Data | Chart | Calendar

The Personal Income Tax Rate in Iceland stands at 46.30 percent. Personal Income Tax Rate in Iceland averaged 44.33 percent from 1995 until 2016, reaching an all time high of 46.90 percent in 1996 and a record low of 35.70 percent in 2007.

Iceland Personal Income 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 Personal Income Tax Rate Notes

In Iceland, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Iceland. This page provides - Iceland Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Personal Income Tax Rate - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
46.30 46.20 46.90 35.70 1995 - 2016 percent Yearly



personal income tax rate by Country

Last
Japan 55.95 Dec/16
Netherlands 52.00 Dec/16
France 50.20 Dec/16
Italy 48.80 Dec/16
Germany 47.50 Dec/16
Australia 45.00 Dec/16
China 45.00 Dec/16
Spain 45.00 Dec/16
United Kingdom 45.00 Dec/16
Switzerland 40.00 Dec/16
United States 39.60 Dec/16
South Korea 38.00 Dec/16
India 35.54 Dec/16
Mexico 35.00 Dec/16
Turkey 35.00 Dec/16
Canada 33.00 Dec/16
Indonesia 30.00 Dec/16
Brazil 27.50 Dec/16
Russia 13.00 Dec/16