Icelandic parliament to discuss tax havens
Iceland's Parliament, Alþingi. Photo: Iceland Monitor/Eggert Jóhannesson
On the agenda today for discussion by Icelandic MPs is the issue of tax havens and tax evasion, in the wake of the ‘Panama Papers’ revelations .
Some 600 Icelanders are said to be named in the documents leaked from Mossack Fonseca – the highest per capita rate in the world. The scandal even toppled the Prime Minister and brought in a new government .
Katrín Jakobsdóttir (left), leader of the Left-Green Movement, and Árni Páll Árnason (right), leader of the Social Democratic Alliance. Photo: Iceland Monitor/Kristinn Ingvarsson
The Left-Green Movement will be speaking for the creation of a new expert committee in Iceland to look into a number of companies linked to Icelanders with money or assets in tax havens.
A proposal from the Social Democratic Alliance urges the government to impose international sanctions on low-tax countries, in the fight against asset secrecy and tax evasion.
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