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Iceland: EVs under US$47k exempted from VAT

The Icelandic utility Northern Lights Energy’s spokesman Gisli Gislason has told the website Autoblog Green that Iceland's government has voted to zero-rate the first US$47,000 of electric vehicles’ price for Value Added Tax (VAT). Gislason wrote: “As you know, Iceland has no import taxes on EVs (and very high import Subscribe to Automotive World to continue reading … Continued

The Icelandic utility Northern Lights Energy’s spokesman Gisli Gislason has told the website Autoblog Green that Iceland's government has voted to zero-rate the first US$47,000 of electric vehicles’ price for Value Added Tax (VAT).

Gislason wrote: “As you know, Iceland has no import taxes on EVs (and very high import

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https://www.automotiveworld.com/articles/93079-iceland-evs-under-us-47k-exempted-from-vat/

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