Taxes on income, profits and capital gains reached USD 1.18 bil in 2012 in Iceland, according to the National Statistical Office. This is 2.03% less than in the previous year.
Historically, taxes on income, profits and capital gains in Iceland reached an all time high of USD 2.24 bil in 2007 and an all time low of USD 0.583 bil in 1998.
Iceland has been ranked 64th within the group of 101 countries we follow in terms of taxes on income, profits and capital gains.
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