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Iceland's Parliamentary Agenda for 2025 Includes Legislation for Pillar 2 Global Minimum Tax

05 February 2025

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Proposed Changes

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Iceland

The Government of Iceland has published the parliamentary agenda for 2025, which outlines the proposed legislative and policy initiatives of the government, categorized by ministry. In regard to taxation, the agenda includes a bill for the introduction of rules to ensure a 15% minimum taxation of multinational corporations with annual revenues of more than EUR 750 million. The bill is to be introduced in parliament in March 2025. Additional details will be published once available. --- Ready for the Pillar 2 Global Minimum Tax? Click the following link to learn more about the Orbitax Global Minimum Tax Solution.