Inheritance tax is 10% of the total value of all financial assets and assets, less debts and funeral costs

Grants to individuals are generally taxable. Grants are taxed in the same way as wage income and are subject to income tax and municipal tax.

Tax incentives to attract foreign experts who possess the necessary knowledge and expertise to work in Iceland and to help companies attract knowledge.

Owners of all vehicles must report the odometer reading and pay a kilometer charge for each kilometer driven.

Application for a tachograph card