Iceland has reportedly approved an increase in the value added tax threshold from the current ISK 1 million turnover in a 12-month period to ISK 2 million. The change is to apply from 1 January 2017.

Iceland has reportedly approved an increase in the value added tax threshold from the current ISK 1 million turnover in a 12-month period to ISK 2 million. The change is to apply from 1 January 2017.
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