Iceland 
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- 376.2k people live here
- Area: 101830km²
Tax information in Iceland
Standard Corporate Tax Rate
20.00%
Individual Income Tax Rate
31.48 - 46.28%
Standard Inheritance Tax Rate
22.00%
Standard VAT Rate
24.00% (11%)
Reduced rate applies to specific goods.
Cost of living in Iceland
Cost of Living (Couple)
$3485.17
Approximate cost for a couple including groceries, rent, transportation and lifestyle costs
Cost of Living (Family)
$5331.94
Approximate cost for a family including groceries, rent, transportation, lifestyle costs and parenting fee for one child
Cost of Living (1 Person)
$2649.46
Approximate cost for a single person including groceries, rent, transportation and lifestyle costs
Useful links in Iceland
Popular cities in Iceland
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