Iceland's Ministry of Finance and Economic Affairs recently completed a consultation on a draft bill that includes various amendments. One of the key amendments for corporate taxpayers is in relation to the 100 million safe harbor threshold for Iceland's interest deduction restriction (30% of EBITDA). As currently worded, the ISK 100 million threshold provides that for taxpayers below the threshold, the restriction does not apply, while for taxpayers above the threshold, the restriction appl…