Taxes and Duties

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Taxes and Duties

The Directorate of Customs collects taxes that are levied on individuals and businesses in Iceland.

On the Internal Revenue''s website you can find information in English on tax liability of foreign individuals in Iceland and the taxation of companies.

Here you can find information on the bank accounts to be used when paying taxes and other duties.

If the intention is to pay a liability to the full it is important to have the up to date information on the exact amount owed. That information can be found on the Internal Revenue''s website.

Please note that payments that are deposited in the Directorate''s mailbox after 3.30 pm or transferred through an online bank after 9 pm are not registered until the following working day.

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