VATLive > Blog > Iceland > Iceland cuts VAT rate

Iceland cuts VAT rate

  • Dec 24, 2018 | Richard Asquith

Iceland has confirmed that it will reduce its VAT rate from 24% to 22.5% from 1 January 2019. This will include a cut in the rate applied to e-books and online journals, which will be recatgorised from the standard rate to the nil rate.


Need help with your Icelandic VAT compliance?



Researching Icelandic VAT legislation is the first step to understanding your VAT compliance needs. Avalara has a range of solutions that can help your business depending on where and how you trade. 

Total results : 4
avalara:content-tags/asset-type/blog-post,avalara:content-tags/location/world/europe/iceland,avalara:content-tags/tax-type/vat,avalara:content-tags/primary-blog-tags/vatlive/location/europe/iceland
May-31-2022

Norway extends reduced VAT cut

avalara:content-tags/asset-type/blog-post,avalara:content-tags/location/world/europe/iceland,avalara:content-tags/tax-type/vat,avalara:content-tags/primary-blog-tags/vatlive/location/europe/iceland
May-31-2022

US 2021 sales tax updates for foreign businesses

avalara:content-tags/asset-type/blog-post,avalara:content-tags/location/world/europe/iceland,avalara:content-tags/tax-type/vat,avalara:content-tags/primary-blog-tags/vatlive/location/europe/iceland
May-31-2022

Germany excludes UK tourist operators from VAT TOMS

avalara:content-tags/asset-type/blog-post,avalara:content-tags/location/world/europe/iceland,avalara:content-tags/tax-type/vat,avalara:content-tags/primary-blog-tags/vatlive/location/europe/iceland
May-31-2022

Israel offers delayed VAT returns


VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara