Iceland : Improving the Equity and Revenue Productivity of the Icelandic Tax System

1ISLEA2010002 Image
Price:  $18.00

Release Date: © July, 2010
ISBN : 978-1-45520-794-7
Stock #: 1ISLEA2010002
Stock Status: On back-order

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The Icelandic government has launched a review of the tax system, with a view to improving its income redistribution, growth orientation, and efficiency features, as well as increasing its revenue mobilization potential. It aims at minimizing detrimental effects on employment and growth, and at removing inconsistencies with international practices. The tax measures will boost the revenue potential in line with the government’s objectives while substantially increasing income redistribution. The Icelandic Corporate Index Tax would benefit from adopting financial accounting as the basis to determine taxable income.


IMF governance and operations , Operations , Technical assistance

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