On 3 July 2015, the Icelandic Ministry of Finance and Economic Affairs announced the adoption of a 39% one-off stability levy on certain financial undertakings to be paid in four installments in 2016.
---
The Icelandic parliament Althingi today passed the Bill of the Minister of Finance and Economic Affairs on a stability levy, concerning which a political consensus was achieved in the Althingi. The new Act on a Stability Levy introduces a one-off levy, with the objective of creating the p…