PERSPECTA

News from every angle

Back to headlines

Icelandic Construction Costs to Rise Due to VAT Refund Reduction

A proposed government reduction in VAT refunds for on-site labor could increase construction costs for a 100-square-meter apartment by an average of 2.5-3 million Icelandic krona, according to Sigurður Hannesson of the Federation of Icelandic Industries.

PostShare

Sources

Showing 0 of 1 sources

No articles available in your preferred languages.

1 article available in other languages below.