The Sales Tax Rate in Iceland stands at 24 percent.
Sales Tax Rate in Iceland averaged 24.68 percent from 2010 until 2020, reaching an all time high of 25.50 percent in 2011 and a record low of 24 percent in 2015. This page provides - Iceland Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Sales Tax Rate - VAT - values, historical data and charts - was last updated on August of 2020.
Sales Tax Rate in Iceland is expected to reach 24.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Sales Tax Rate - VAT is projected to trend around 24.00 percent in 2021, according to our econometric models.