Total tax rate as a percentage of commercial profits reached 0.319% in 2019 in Iceland, according to the National Statistical Office. This is 4.25% more than in the previous year.
Historically, total tax rate as a percentage of commercial profits in Iceland reached an all time high of 0.319% in 2019 and an all time low of 0.244% in 2009.
Iceland has been ranked 115th within the group of 171 countries we follow in terms of total tax rate as a percentage of commercial profits.
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