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25 Oct 2019, 7:40 am by Christopher G. Hill
And the error is fundamental – Trobriand Islanders are as likely to make this error as Icelanders. [read post]
24 Oct 2019, 3:00 am by Kevin Kaufman
Consumption Tax Component of the International Tax Competitiveness Index between 2017 and 2019 (for all OECD countries) Source: 2019 International Tax Competitiveness Index OECD Country 2017 Rank 2018 Rank 2019 Rank Change from 2018 to 2019 Australia (AU) 8 7 8 -1 Austria (AT) 11 10 11 -1 Belgium (BE) 25 25 26 -1 Canada (CA) 9 9 7 2 Chile (CL) 30 30 28 2 Czech Republic (CZ) 33 34 34 0 Denmark (DK) 18 17 17 0 Estonia (EE) 7 8 9 -1 Finland (FI) 13 13 15 -2 France (FR) 20 20 21 -1 Germany (DE) 12 12… [read post]
23 Oct 2019, 10:22 am by John Coley (UK) and Lisa Lee Lewis (UK)
The advisory notice provides that: the Democratic People’s Republic of Korea should be considered as high risk and firms should apply counter measures and enhanced due diligence measures in accordance with the risks; Iran should be considered as high risk and firms should apply enhanced due diligence measures in accordance with the risks and any other measures as specified by the Financial Action Task Force that have a similar effect in mitigating risks; and firms should take appropriate… [read post]
22 Oct 2019, 9:01 pm by Kevin Kaufman
Country Income tax Employee social contributions Payroll tax Consumption tax* Effective marginal tax rate   Central Local/regional Surtaxes Deductible Nondeductible       Australia 45       2 5.52 7.6 53.6 Austria 55         6.9 16.2 64.7 Belgium 50 3.5   13.07   27.13 14.6 72.9 Bulgaria 10           20.9 28.8 Canada 33 17.46         8.9 54.9 Chile 35.5         0.02 14.5… [read post]
22 Oct 2019, 6:33 am by Simon Lovegrove (UK)
The updated FATF list of jurisdictions with AML / CFT deficiencies comprise: The Bahamas; Botswana; Cambodia; Ghana; Iceland; Mongolia; Pakistan; Panama; Syria; Trinidad and Tobago; Yemen; and Zimbabwe. [read post]
21 Oct 2019, 4:07 pm by Jacob Sapochnick
In general, the requirements to participate in the diversity visa program are as follows: Requirement #1: You must be a national of one of the following countries AFRICA Algeria Angola Benin Botswana Burkina Faso Burundi Cameroon Cabo Verde Central African Republic Chad Comoros Congo Congo, Democratic Republic of the Cote D’Ivoire (Ivory Coast) Djibouti Egypt* Equatorial Guinea Eritrea Ethiopia Gabon Gambia, The Ghana Guinea Guinea-Bissau Kenya Lesotho Liberia Libya Madagascar Malawi Mali… [read post]
21 Oct 2019, 6:29 am by Tinker Ready
’ More on The Panama Paper from the ICIJ: The investigation, a collaboration of almost 400 journalists from 80 countries, led to the resignation of prime ministers, criminal charges in Latin America and Europe and to governments from Australia to Iceland recovering more than $1.2 billion in unpaid taxes and penalties. [read post]
21 Oct 2019, 6:29 am by Tinker Ready
’ More on The Panama Paper from the ICIJ: The investigation, a collaboration of almost 400 journalists from 80 countries, led to the resignation of prime ministers, criminal charges in Latin America and Europe and to governments from Australia to Iceland recovering more than $1.2 billion in unpaid taxes and penalties. [read post]
17 Oct 2019, 3:45 am by Kevin Kaufman
Individual Tax Component of the International Tax Competitiveness Index between 2017 and 2019 (for all OECD countries) Source: 2019 International Tax Competitiveness Index OECD Country 2017 Rank 2018 Rank 2019 Rank Change from 2018 to 2019 Australia (AU) 19 18 15 3 Austria (AT) 29 29 29 0 Belgium (BE) 9 8 11 -3 Canada (CA) 24 25 25 0 Chile (CL) 23 20 23 -3 Czech Republic (CZ) 7 6 5 1 Denmark (DK) 30 33 34 -1 Estonia (EE) 3 1 1 0 Finland (FI) 27 27 27 0 France (FR) 35 35 35 0 Germany (DE) 26 26 26… [read post]
10 Oct 2019, 3:45 am by Kevin Kaufman
Corporate Tax Component of the International Tax Competitiveness Index between 2017 and 2019 (for all OECD countries) Source: International Tax Competitiveness Index 2019 OECD Country 2017 Rank 2018 Rank 2019 Rank Change from 2018 to 2019 Australia (AU) 24 28 28 0 Austria (AT) 16 16 17 -1 Belgium (BE) 28 24 25 -1 Canada (CA) 21 22 20 +2 Chile (CL) 29 29 30 -1 Czech Republic (CZ) 9 9 9 0 Denmark (DK) 14 15 16 -1 Estonia (EE) 1 1 2 -1 Finland (FI) 7 6 7 -1 France (FR) 36 34 35 -1 Germany (DE) 20 25… [read post]
4 Oct 2019, 8:57 am by InternationalLaw Blogger
Our friends at the Law Library of Congress tell us that this Sunday, October 6, 2019, will mark the centennial of the Icelandic Law on the Supreme Court of October 6, 1919 (Lög om hæstarjett Nr. 22 af 6 okt.... [read post]
4 Oct 2019, 7:01 am by Elin Hofverberg
Law Library Online Resources on Icelandic Law Guide to Law Online: Iceland Global Legal Monitor: Iceland Centennial of the Danish-Icelandic Union Act of 1918 Thingvellir: Northern Europe’s First Parliament Iceland: Global Collection Highlights 115 years of Legal Education in Iceland [read post]
1 Oct 2019, 9:01 pm by Kevin Kaufman
Table 1 2019 International Tax Competitiveness Index Rankings Country Overall Rank Overall Score Corporate Tax Rank Individual Taxes Rank Consumption Taxes Rank Property Taxes Rank International Tax Rules Rank Estonia 1 100 2 1 9 1 11 New Zealand 2 86.3 24 4 6 2 9 Latvia 3 86 1 6 29 6 7 Lithuania 4 81.5 3 3 24 7 17 Switzerland 5 79.3 8 10 1 34 1 Luxembourg 6 77 23 16 4 19 5 Australia 7 76.4 28 15 8 3 12 Sweden 8 75.5 6 19 16 5 14 Netherlands 9 72.5 19 21 12 12 3 Czech Republic 10 72.2 9 5… [read post]
30 Sep 2019, 1:25 pm by Jacob Sapochnick
List of eligible countries: AFRICA: Algeria Angola Benin Botswana Burkina Faso Burundi Cameroon Cabo Verde Central African Republic Chad Comoros Congo Congo, Democratic Republic of the Cote D’Ivoire (Ivory Coast) Djibouti Egypt* Equatorial Guinea Eritrea Ethiopia Gabon Gambia, The Ghana Guinea Guinea-Bissau Kenya Lesotho Liberia Libya Madagascar Malawi Mali Mauritania Mauritius Morocco Mozambique Namibia Niger Rwanda Sao Tome and Principe Senegal Seychelles Sierra Leone Somalia South Africa… [read post]
28 Sep 2019, 3:23 pm by Brian Leiter
Psychedelic and progressive influences are apparent in the work of this Icelandic rock band that performed from the late 1960s into the 1970s; I thought this one of their better numbers: [read post]
26 Sep 2019, 3:45 am by Kevin Kaufman
Iceland In 2018, Iceland increased its tax rate on dividends from 20 percent to 22 percent. [read post]
23 Sep 2019, 3:12 pm by News Desk
Roland Foods LLC imported the red and black caviar from Ora ehf in Iceland. [read post]
21 Sep 2019, 10:11 am by Tom Smith
Step aside, Sunshine State — the best place to retire is chilly year-round and has about 19 hours of darkness each day in winter, according to a study released on Thursday. [read post]
20 Sep 2019, 7:31 pm by Bill Marler
Roland Foods, LLC of New York, New York is initiating a voluntary recall of its red and black lumpfish caviar products, which were manufactured at Ora ehf in Iceland, because they have the potential to be contaminated with Clostridium botulinum, a bacterium which can cause life-threatening illness or death. [read post]