Individual income tax in Iceland

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World Data Atlas Topics Economy Individual Income Tax

Iceland individual income tax was at level of 46.25 % in 2021, up from 46.24 % previous year.

Macro Region
Oceania	33.4 % in 2021	KPMG
Africa	32.56 % in 2021	KPMG
Europe	31.71 % in 2021	KPMG
Asia	28.38 % in 2021	KPMG

World Individual income tax in Europe
Finland	56.95 % in 2021	KPMG
Denmark	56.5 % in 2021	KPMG
Austria	55 % in 2021	KPMG
Sweden	52.85 % in 2021	KPMG
Belgium	50 % in 2021	KPMG
Slovenia	50 % in 2021	KPMG
Netherlands	49.5 % in 2021	KPMG
Ireland	48 % in 2021	KPMG
Portugal	48 % in 2021	KPMG
Spain	47 % in 2021	KPMG

Tax rates in Iceland
Indirect Tax Rate	24 % in 2021	KPMG
Corporate Tax	20 % in 2021	KPMG

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Individual income tax in Iceland

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