Social Security Rate For Companies in Iceland decreased to 6.10 percent in 2021 from 6.35 percent in 2020. source: Directorate of Internal Revenue

Social Security Rate For Companies in Iceland averaged 6.52 percent from 2000 until 2021, reaching an all time high of 8.65 percent in 2010 and a record low of 5.23 percent in 2001. This page provides - Iceland Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Social Security Rate For Companies - values, historical data and charts - was last updated on November of 2021.

Social Security Rate For Companies in Iceland is expected to reach 6.10 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Social Security Rate For Companies is projected to trend around 6.10 percent in 2022, according to our econometric models.

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Iceland Social Security Rate For Companies


Related Last Previous Unit Reference
Personal Income Tax Rate 46.25 46.24 percent Dec/21
Corporate Tax Rate 20.00 20.00 percent Dec/21
Social Security Rate 10.10 10.35 percent Dec/21
Social Security Rate For Companies 6.10 6.35 percent Dec/21
Social Security Rate For Employees 4.00 4.00 percent Dec/21
Iceland Social Security Rate For Companies
In Iceland, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate For Companies are an important source of income for the government of Iceland because they help to pay for many social programs including welfare, health care and many other benefits.