Iceland Announces Fiscal Budget Proposal for 2020
On 6 September 2019, Iceland's Government published a release on the Fiscal Budget Proposal for 2020. This includes the following:
- Personal income tax lowered — reduction process expedited
- Payroll tax lowered
- Strong public investment
- Transportation strengthened
- Research strengthened
- Support for low-income housing
- Continued reduction of Treasury debt
- Incentives for energy exchange
Specific d…
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