New Taxation System Presented in Iceland

Taxes will be raised at the beginning of next year, as the government announced yesterday. A three-step income tax will be adopted, including that those who earn more than ISK 650,000 per month will pay 46.1 percent of their salaries in income tax.

Continue reading

Century Aluminum Continues with Iceland Plans

Chief Financial Officer of the American company Century Aluminum Mike Bless announced at the Knight Tumazos Metals and Mining investor conference yesterday that the construction of its new aluminum smelter in Helguvík, southwest Iceland, will fully resume next spring.

Continue reading