Iceland Said to Discuss 25-40% Exit Tax Amid Creditor Talks

Representatives from Iceland’s government, central bank and parliament discussed imposing a tax as high as 40 percent on investors exiting the island, according to two people close to the talks.

Officials have yet to agree on a final plan for how they will unwind capital controls in place since 2008, said the people, who asked not to be named because the talks were private. The option not to impose an exit tax remains on the table, they said.