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Located on the Mid-Atlantic Ridge, Iceland is volcanically and geologically active on a large scale; this defines the landscape. The interior mainly consists of a plateau characterised by sand fields, mountains and glaciers, while many big glacial rivers flow to the sea through the lowlands. Iceland is a free market economy with low taxes compared with other countries. Icelandic culture is based on the nation’s Norse heritage and its status as a developed and technologically advanced society.
Iceland Area: 103,001 km2
Population: 319,368
Tax on royalty, technical services need scaling down (Business Standard India) Existing Income-tax Act provides that income earned by a non resident by way of ‘Royalty’ or ‘Fees for Technical Services’ (FTS) shall be charged to income tax at 10 per cent. The rates of tax in most of the Tax Treaties are also 10 per cent in respect of income from Royalty or FTS. Recently, India has signed tax treaties with several countries, eg: Botswana, Iceland, Myanmar etc., Tax rate in ... |
Euro 2012 Comment: Spain's 100% Qualification Record Must Continue (Goal.com) Spain 's record-breaking winning run in all international competitions was brought to an end by the USA in the 2009 Confederations Cup. Yet in major tournament qualification matches, La Furia Roja haven't dropped points since drawing against Iceland in August 2007. Indeed, in European and World Cup play, they have won every match since. |
So, How Do You Like Iceland? (Iceland Review) Icelandic singer-songwriter Elíza Newman will celebrate the release of her latest studio album Pie in the Sky with a concert in Café Rósenberg in downtown Reykjavík this Tuesday, February 9. |
Iceland’s Largest Travel Fair Opens in Reykjavík (Iceland Review) Earlier in the week it was suggested in the Financial Times that Iceland should house Guantánamo Bay prisoners. more Click on the picture to observe how to prepare a traditional Icelandic meal of roe and liver ( hrogn og lifur ). At this time of year, egg pouches are harvested from female fish, mainly cod and haddock, and sold in fish stores around the country along with the liver. |
Iceland: Guantánamo 2.0? (Iceland Review) Few people are aware that hundreds of vehicles that were made in Iceland are currently cruising the country’s roads. Those interested in learning more about Icelandic car production can attend an exposition today at the Toppstödin innovation center. |
Kerry Katona's cocaine shame leads to Iceland axing celebrity endorsements (Daily Mirror) Supermarket Iceland has axed star endorsements after Kerry Katona was caught snorting cocaine. |
FPB and Iceland's Malcolm Walker at war over suppliers (Daily Telegraph) The Forum of Private Business (FPB) has hit back at comments made by Malcolm Walker, the chief executive of supermarket chain Iceland, which branded a new code of conduct to protect farmers and small suppliers "a complete waste of time". |
Iceland PM seeks EU support (INO News) (AP:REYKJAVIK, Iceland) Icelandic Prime Minister Johanna Sigurdardottir on Thursday urged European Union leaders not to link the Icesave bank dispute to much-needed funding for her country from the International Monetary Fund. |
Iceland's PM asks EU not to link Icesave with aid (Reuters via Yahoo! UK & Ireland News) Linking the Icesave issue and Iceland's IMF aid programme could have potentially damaging and unfortunate effects, the island's prime minister told the European Commission President on Thursday. |
Iceland warns EU over Icesave (BBC News) Iceland's PM urges EU leaders not to link the Icesave bank dispute to IMF aid for Iceland's battered economy. |
