Iceland’s Budget Committee submitted the proposed amendments to the 2025 Budget on 15 November 2024 following its second parliamentary debate. The parliament approved the proposed amendments, incorporating them into the bill for the final round

Moldova's Ministry of Foreign Affairs announced that officials from Japan and Moldova met on 12 November 2024, to explore investment opportunities and discuss Moldova's interest in concluding negotiations for an income tax treaty. If an agreement

Japan's Ministry of Finance has confirmed that the income tax treaty with Greece will take effect on 5 December 2024. The exchange of diplomatic notes between Japan and Greece for the entry into force of the “Convention between Japan and the

Iceland’s Ministry of Finance and Economic Affairs submitted a bill to parliament on 22 October 2024 proposing introducing a mileage tax on fossil fuel-powered vehicles. The bill aims to eliminate excise duties on fuels and vehicles while

Iceland’s Finance and Economic Affairs Minister has proposed a draft bill for public consultation on 15 October 2024, putting forward various taxes and duties on lodging, VAT, income, state treasury income, public tax collection, alcohol, tobacco,

Brazil and Iceland have signed a new tax treaty on 14 October 2024. The agreement will introduce several key provisions, including a principal purpose test and a limitation on benefits clause. It also addresses fiscally transparent entities,