Further investment in Laugarás to be reassessed
Laugarás Lagoon will reassess planned further development after Iceland’s proposed VAT increase for geothermal lagoons, from 11% to 24%. Managing director Bryndís Björnsdóttir said the tax change could affect the company’s investment plans.
Laugarás Lagoon Iceland VAT increase geothermal investment
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Further investment in Laugarás to be reassessed
Iceland Monitor —