OrbitaxOrbitax

Iceland Lifts Capital Controls

|Approved Changes|Iceland
Iceland

On 14 March 2017, the Icelandic government took the final steps to remove all capital controls, which were put in place as a result of the 2008 financial crisis. According a release from the Icelandic government, capital flows to and from Iceland are now unrestricted apart from restrictions to carry trade and derivatives denominated in ISK.

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.