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Sales Tax Rate in Iceland

Sales Tax Data in Iceland

Indicator Data Period
Sales Tax Rate 24 % 2020


Latest data on Sales Tax Rate (%)

Sales Tax Rate
                     Iceland - Historical Data (%)

What is Sales Tax Rate in Iceland?

  • Sales Tax Rate in Iceland remained unchanged at 24 % in 2020. The maximum rate was 25.5 % and minimum was 24 %.
  • Data published Yearly by Directorate of Internal Revenue.

Historical Data (%) by years

Data
Period
Date
24 2020 28.01.2020
24 2019 17.01.2019
24 2018 11.01.2018
24 2017 11.08.2017
24 2016 31.12.2016
24 2015 31.12.2015
25.5 2014 31.12.2014
25.5 2013 31.12.2013


Historical Chart by presidents (%)

Sales Tax Rate in Iceland by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Gudni Thorlacius Johannesson 01.08.2016 - 24.0000 24.0000 24.0000 24.0000 0.00%

Other taxes in Iceland

Index Updated Actual Previous
Corporate Tax Rate 2020 20 % 20
Personal Income Tax Rate 2020 46.24 % 46.24
Social Security Rate 2021 10.1 % 10.35

Sales Tax Rate in other countries

Country Updated Actual Previous
Austria 2020 20 % 20
Ireland 2020 23 % 23
Luxembourg 2020 17 % 17
Spain 2020 21 % 21
Iceland 2020 24 % 24
Norway 2020 25 % 25
Belarus 2020 20 % 20
Belgium 2020 21 % 21
Bulgaria 2020 20 % 20
Croatia 2020 25 % 25
Cyprus 2020 19 % 19
Czech Republic 2020 21 % 21
Denmark 2020 25 % 25
Estonia 2020 20 % 20
Euro Area 2020 20.7 % 20.8
European Union 2020 21.5 % 21.5
Finland 2020 24 % 24
France 2020 20 % 20
Germany 2021 19 % 16
Greece 2020 24 % 24
Hungary 2020 27 % 27
Italy 2020 22 % 22
Latvia 2020 21 % 21
Lithuania 2020 21 % 21
Macedonia 2020 18 % 18
Malta 2020 18 % 18
Moldova 2020 20 % 20
Montenegro 2020 21 % 21
Netherlands 2020 21 % 21
Poland 2020 23 % 23
Portugal 2020 23 % 23
Romania 2020 19 % 19
Russia 2020 20 % 20
Serbia 2020 20 % 20
Slovakia 2020 20 % 20
Slovenia 2020 22 % 22
Sweden 2020 25 % 25
Switzerland 2020 7.7 % 7.7
Turkey 2020 18 % 18
Ukraine 2020 20 % 20
United Kingdom 2021 20 % 20
Monaco 2020 20 % 20
Liechtenstein 2020 7.7 % 7.7
Albania 2020 20 % 20
Bosnia and Herzegovina 2020 17 % 17
Kosovo 2020 18 % 18