Iceland's parliament is considering a draft bill that would amend the tax group and interest deduction restriction rules in response to findings of the EFTA Surveillance Authority that current rules may constitute a restriction on the freedom of establishment and the free movement of capital under the EEA Agreement. The amendments provide that Icelandic subsidiaries with a parent in another EEA or EFTA state, or in the Faroe Islands, could opt for consolidated taxation in Iceland with other I…