Value Added Tax in Iceland

Dagsetning                       Tilvísun
August 31, 1993                            526/93

SVERIGE

Value Added Tax in Iceland

In your letter of June 9, 1993 you ask for information regarding Value Added Tax in Iceland.

The Directorate of Internal Revenue has published the enclosed publications in which the rules and regulations regarding the application of VAT and taxes in Iceland are briefly explained.

Enclosed is also a copy of a letter no. 411/92, and Memorandum of VAT regarding non-resident Companies operating a Branch in Iceland, in which the rules regardrng VAT on conferences are briefly explained. Please note the latest changes to the VAT rules and reglulations as explained in the enclosed publications.

Our apologies for not being able to respond to your request sooner and please advise if the VAT office can be of any further assistance.

Yours sincerely,

Mr. Jón Þrándur Stefánsson.

The Directorate of Internal Revenue.

Enclosed:        Value added tax in Iceland – An ovexview
Taxes in Iceland – An overview
Reimbursement of Value Added Tax to Foreign Enterprises. Memorandum of Value Added Tax regarding non-resident Companies operating a Branch in Iceland.
Letter no. 411/92.