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.
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.
No income tax or VAT hikes next year in Iceland
The Icelandic government has announced that it will not introduce further increases to sales tax or income tax in its national budget for next year.
Icelandic PM’s salary beaten by many, including David Oddsson
Many local government officials, businesspeople and media personalities in Iceland are on higher wages than the Prime Minister, it has come to light.
Icelandic tax figures for 2010 released today
Tax figures for 2010 have been made public today in Iceland. The yearly event allows media and other interested parties to make a good guess at what a...
Do Iceland’s food import tariffs actually save shoppers money?
Icelandic farmers have joined the debate on food imports and government hand-outs. They argue that import tariffs and quotas on agricultural products ...
Travellers cheer higher Iceland duty-free limit
Money-conscious travellers had cause to smile yesterday when the new law on duty-free goods imports came into force in Iceland. People arriving in the...
Icelandic TV boss sentenced for tax fraud, blames accountant
Ingvi Hrafn Jonsson, the founder and director of Icelandic television station INN, has been sentenced for tax evasion.