- Iceland is considering aligning its VAT treatment on cross-border supply of services with OECD guidelines and the EU VAT Directive
- This proposal aims to simplify and harmonize VAT rules for cross-border services
- The goal is to create a more level playing field for businesses operating in Iceland and improve compliance with international standards
Source: research.ibfd.org
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
