PM Calls for Increased Tax Inspections Skip to content

PM Calls for Increased Tax Inspections

Prime Minister of Iceland Jóhanna Sigurðardóttir is calling for increased tax supervision.

johannasig-althingi-280910_pkPM Jóhanna Sigurðardóttir. Photo by Páll Kjartansson.

During discussions on tax evasion in parliament today, MP for the Independence Party Ragnheiður Elín Árnadóttir asked Jóhanna what action would be taken on the matter.

Jóhanna replied it was clear that more checks were needed.

Ragnheiður Elín said that the increase in taxes has not helped and that it would mostly affect those who pay their taxes faithfully, mbl.is reports.

Ten Members of Parliament have submitted a proposed action plan to address the issue of tax evasion. According to their information, undocumented work may result in the loss of state revenue of ISK 100 billion (USD 792 million, EUR 608 million) annually, which is equal to the total amount of income tax revenue, ruv.is reports.

According to Jóhanna, the government has taken various steps to address the problem including the refund of VAT for manual labor. Tax increases were unavoidable, Jóhanna said.

ZR

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