The Iceland Government has announced the submission of the draft Budget Bill 2018 to parliament (Althingi) on 12 September 2017. The Budget is in line with the objectives of the Fiscal Plan for 2018-2020, which was submitted to parliament in March and adopted in June ({News-2017-04-04/P/2-previous coverage}). According to the Budget overview provided by the Government, the tax-related measures are mainly limited to new green taxes on carbon emissions, a reduction in the standard value added …