Iceland's Ministry of Finance Daði Már Kristófersson presented the 2026 Budget on 8 September 2025. One of the key measures in relation to the budget is the implementation of the Pillar 2 global minimum tax, in line with the GloBE Model Rules. This includes an Income Inclusion Rule (IIR) and a Qualified Domestic Minimum Top-up Tax (QDMTT) that will apply to entities belonging to a consolidated …