Value added tax (VAT)

  • VAT is a general consumption tax levied on all domestic transactions. It is also levied on imported goods and services.

Excise duty

  • General excise duty is a charge levied on goods imported or manufactured domestically. All excise duty on food, except sugar and sweets, has been abolished.
  • A special alcohol levy must be paid on consumable alcoholic beverages imported to or manufactured in Iceland, regardless of whether it is for sale or personal use.
  • Excise duty is levied on imported vehicles according to their weight.
Fjölmenningarsetur
Translating
Iceland
Administration
Finance
Employment
Family
Housing
Education
Health
Emergency
Cars