Iceland : Advancing Tax Reform and the Taxation of Natural Resources

Publication Date: June 16, 2011
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Summary: This study focused on environmental tax measures, and on allocation, pricing, and taxation of Iceland’s major hydropower and geothermal resources. Measures to secure the tax base for the corporate income tax (CIT) are proposed. Taxation of the financial sector can be improved by a number of measures. The measures that increase fiscal levies on energy-intensive industries should be avoided. The proposals in this paper aim at efficiency and equity in the tax system rather than revenue growth.
Series: Country Report No. 11/138
Frequency: Annually
Subject(s): Capital | Corporate sector | Energy taxes | Environment | Financial sector | Income taxes | Labor taxes | Natural resources | Property taxes | Tax reforms | Tax systems | Taxation | Value added tax

Publication Date: June 16, 2011
ISBN/ISSN: 9781455272518/1934-7685 Format: Paper
Stock No: 1ISLEA2011003 Pages: 80
US$18.00 (Academic Rate:
US$18.00 )
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