OrbitaxBudget for 2010 – original and subsequent proposals approved
|Approved Changes|Iceland
On 21 December 2009, the parliament approved the Budget Bill for 2010. The Budget Bill also contained the following:
Direct taxes
| - | The 10% ownership requirement for the non-taxation of capital gains from the corporate sale of shares and inter-company dividends will take effect only from the tax year 2012 and… |
