16 July 2026
Video: Did you know the state takes up to 80% of the retail price of alcohol?
In a new short video, Lísbet Sigurðardóttir, legal counsel at the Iceland Chamber of Commerce, discusses how heavily alcohol is taxed in Iceland. Public levies and duties can amount to around 80% of the retail price, and she considers whether taxation is the most effective way to improve public health.
In a new short video (reel), Lísbet Sigurðardóttir, legal counsel at the Iceland Chamber of Commerce, discusses how heavily alcohol is taxed in Iceland and raises the question of whether high taxes are the most effective way to improve public health.
This article was automatically translated from the Icelandic original.
Related Content
Video: The Icelandic economy in 60 seconds
In a new short video, the Iceland Chamber of Commerce reviews the state of the Icelandic economy in 60 seconds — inflation, interest rates, …
26 August 2026
Tariff protection explains high grocery prices
The Iceland Chamber of Commerce has reviewed the Icelandic Competition Authority's discussion paper on grocery prices. High import tariffs — …
1 July 2026
Where does the aluminium go and where does the fruit come from?
A new analysis on Iceland’s bilateral trade patterns.
The Icelandic Economy: Presentation
The Chamber recently published a new report called “The Icelandic Economy” The report covers the current economic landscape, recent developments and …
Rusted reasoning: the taxation of new vehicles
Taxes on a new petrol SUV now exceed its import price, and Iceland is among the European countries that tax new cars most heavily. Analysis by …