After an in-depth investigation, the EFTA Surveillance Authority has concluded that certain amendments to the value added tax (VAT) legislation in Iceland, applicable to customers of Icelandic data centres, involved unlawful state aid.

The Authority notes, however, that shortly after it opened its investigation, the Icelandic authorities decided to change the VAT Act in order to repeal the problematic provisions. The Authority has ordered the Icelandic State to recover any aid that was granted on the basis of the said amendments before they were repealed, i.e. in the period from 1 May 2011 to 13 March 2013.

Press release


Informatiesoort: Nieuws

Rubriek: Omzetbelasting

H&I: Previews


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