Capital Gains from Shares That Must Be Reported on a Tax Return
Double taxation agreements between countries include rules on the taxation of capital income.
Special rules may apply to:
Capital gains from the sale of shares in companies that own real estate.
Capital gains from the sale of shares held outside a business where the individual owned the shares when moving abroad and sold them after leaving the country.
Where such special rules apply, they are set out in Article 13 of the relevant double taxation agreement.
The sections below show which double taxation agreements contain these special rules and the tax rate that applies to the income in Iceland. They also provide information on how many years Iceland retains the right to tax the income after the individual moves abroad.
