Tax Rebate Calculator
Enter the estimated spend in Iceland to see the Tax Rebate rate for your project.
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35% Tax Rebate
To be eligible at the Iceland’s 35% Tax Rebate, you have to fulfill at total of 3 requirements:
First, you need to spend a minimum of 350 Millions ISK (2.5 Millions $) of the production
cost in Iceland;
Then, you need to plan working a minimum of 30 days in Iceland (that might include
pre-production, shooting, post-production) - however, a minimum of 10 shooting days on
the territory is demanded;
At last, you need to hire a minimum of 50 people taxed in Iceland over the project, for a
total of at least 50 working days altogether.
Understanding the 35% Tax Rebate
To qualify for Iceland’s 35% tax rebate, your production must meet the following conditions:
1 . Minimum Spend – A minimum of 350 million ISK (~$2.5 million) must be spent on production costs in Iceland.
2 . Production Days – Your project must include at least 30 working days in Iceland, covering pre-production, shooting, or post-production. A minimum of 10 shooting days on location is required.
3 . Local Employment – The production must employ at least 50 individuals taxed in Iceland, accumulating a total of 50 working days or more. This means that a crew of 50 will meet this requirement in only one day.