Inspired by Iceland

Tag Archive | "tax"

Icelandic public must bail out indebted public sector pension fund


Icelandic tax payers are set to bear the heavy burden of recapitalising the government employees’ pension fund (LSR). Billions of extra krónur are needed by the fund over the coming decades so it can stand up to its responsibilities. Read the full story

Posted in General, Iceland, MBL, Politics, SocietyComments (1)

Icelandic government to replace all island windows free of charge


It has been decided that nearly all the glass in house windows on Grímsey island will be replaced at the cost of the Icelandic state. Furthermore it is hoped the move will save the taxpayer money… Read the full story

Posted in Energy, Environment, Iceland, MBL, Politics, Society, TechnologyComments (0)

Iceland Special Prosecutor brings accounting crime charges against five more


It has been revealed that just before Christmas Iceland’s special prosecutor brought charges against five people accused of tax evasion in their work lives. Read the full story

Posted in Business, General, Iceland, MBLComments (0)

Bakers in trouble for undeclared dough


A series of raids by Denmark’s tax authority have revealed that a huge proportion of bakers are not declaring their ‘dough’. Read the full story

Posted in Business, Denmark, MBL, SocietyComments (3)

Tax Minister’s spin doctor reported for Thorning-Schmidt leak


The spin doctor for Denmark’s former tax minister has been reported to the police for allegedly trying to publicise private details of the Prime Minister’s family tax affairs. Read the full story

Posted in Denmark, Education, General, PoliticsComments (0)

Customs processing fees costing Icelanders more than actual import duty


The recipients of 36,000 parcels from overseas last year had to pay Icelandic Customs more for deciding how much duty and charges to apply to their packages than they did for the actual duty and charges themselves. Read the full story

Posted in Business, General, Iceland, International, MBL, Politics, SocietyComments (2)

Icelandic alcohol producer complains about too-high tax


The Icelandic government takes 90 percent of the sale price of vodka, the president of the country’s biggest drinks company says — claiming that the black market for illegally produced home made hard liquors is thriving as a result. Read the full story

Posted in Business, General, Iceland, Leisure, Lifestyle, MBL, PoliticsComments (1)

Icelandic tax law discriminating illegally against foreign companies?


The application of tax to interest earnings made by foreign companies in Iceland is a direct violation of the European Economic Area treaty, which Iceland is party to — according to a leading tax law specialist. Read the full story

Posted in Business, European Union, General, Iceland, MBL, PoliticsComments (0)

IKEA Denmark pays millions into tax haven


The Socialist People’s Party of Denmark has accused furniture giant IKEA of cheating the country out of large sums it should be handing over in tax. Read the full story

Posted in Business, Denmark, General, International, MBL, PoliticsComments (0)

Cyclist footrests branded as barmy


Copenhagen Council has been criticised by residents for spending a sizeable chunk of public funds on footrests for cyclists to use at traffic lights. Read the full story

Posted in Denmark, General, MBL, Politics, Society, TravelComments (0)

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