Key data points
Last release
—
Observation period
2025
Next release
—
Forecast
—
Highest
33.00 % on Dec 31, 1998
Lowest
15.00 % on Dec 31, 2009
About Iceland Corporate Tax Rate
In Iceland, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Iceland.