Hjaltested Paid the Highest Income Tax in Iceland, Agency Says
Thorsteinn Hjaltested, a landowner from Kopavogur, was the highest taxed individual in Iceland in 2011, paying 185 million kronur ($1.5 million) on last year’s income, the Directorate of Internal Revenue said.
Gudbjorg Astrid Skuladottir, a ballet school owner, paid the second-highest tax of 139 million kronur, according to a registry published by the directorate. Poul Jansen, one of the owners of import business Elding Trading Co., was third with a tax bill of 114 million kronur.
A total of 261,764 people were liable for tax in Iceland for last year, up 0.4 percent from the previous year. Icelanders paid a total of 228 billion kronur in personal income, state and municipality taxes, an increase of 13.5 percent from the previous year, according to a statement from Iceland’s Finance Ministry.
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