Iceland Sales Tax Rate | VAT  2010-2017 | Data | Chart | Calendar

The Sales Tax Rate in Iceland stands at 24 percent. Sales Tax Rate in Iceland averaged 24.94 percent from 2010 until 2017, reaching an all time high of 25.50 percent in 2011 and a record low of 24 percent in 2015.

Iceland Sales Tax Rate | VAT
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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 Sales Tax Rate | VAT Notes

In Iceland, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Iceland. This page provides - Iceland Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Sales Tax Rate | VAT - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
24.00 24.00 25.50 24.00 2010 - 2017 percent Yearly



sales tax rate by Country

Last
Italy 22.00 Dec/17
Netherlands 21.00 Dec/17
Spain 21.00 Dec/17
Euro Area 20.80 Dec/16
France 20.00 Dec/17
United Kingdom 20.00 Dec/17
Germany 19.00 Dec/17
India 18.00 Jul/17
Russia 18.00 Dec/17
Turkey 18.00 Dec/17
Brazil 17.00 Dec/17
China 17.00 Dec/17
Mexico 16.00 Dec/17
Australia 10.00 Dec/16
Indonesia 10.00 Dec/16
South Korea 10.00 Dec/16
Japan 8.00 Dec/17
Switzerland 8.00 Dec/17
Canada 5.00 Dec/16
United States 0.00 Dec/17