My Financial News from Iceland, Taxes

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Iceland , Thursday 16 April 2026

News Iceland Taxes: Icelandic Government Raises Artist Salaries

Published on: Thursday 13 January 2022
News source: https://www.icelandreview.com/culture/icelandic-government-raises-artist-salaries/

Iceland’s government raised its artist grants known as “artist salaries” up to ISK 428,000 [$3,330, €2,908] per month this January, Fréttablaðið reports. The salaries were ISK 409,580 [$3,187, €2,782] ...

News Iceland Taxes: Iceland Gazettes Law Amending Income Tax Act on Joint Taxation

Published on: Wednesday 05 January 2022
News source: https://news.bloomberglaw.com/daily-tax-report-international/iceland-gazettes-law-amending-income-tax-act-on-joint-taxation

The Icelandic Official Gazette Dec. 30, 2021, published Law No. 132/2021, amending the Income Tax Act on joint taxation. The law includes measures: 1) allowing the joint taxation of Icelandic ...

News Iceland Taxes: Iceland Tax Agency Announces Individual Wage Withholding Tax Rates for 2022

Published on: Tuesday 04 January 2022
News source: https://news.bloomberglaw.com/daily-tax-report-international/iceland-tax-agency-announces-individual-wage-withholding-tax-rates-for-2022

The Icelandic Directorate of Internal Revenue Jan. 3 announced the individual wage withholding tax rates for 2022. The announcement includes the progressive monthly tax rates of: 1) 31.45 percent on ...