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- Iceland 2020
Country-year
Iceland 2020
20.0 %Combined corporate income tax rate
46.2 %Top statutory personal income tax rate
$65,556Average annual wage, US$ PPP
Facts
- Combined corporate income tax rate
- 20.0 %
- Top statutory personal income tax rate
- 46.2 %
- Average annual wage, US$ PPP
- $65,556
- Country
- Iceland
- Year
- 2020
- Corporate income tax rate, central government
- 20.0 %
- Central CIT rate net of sub-central deduction
- 20.0 %
- Top marginal income tax rate (PIT only)
- 44.4 %
- Top rate threshold, × average wage
- 1.24×
- Average annual wage, national currency
- 9,528,000
Sources: OECD Corporate Tax Statistics, OECD Tax Database, World Bank WDI (CC BY 4.0)