International Tax Professional salary in Iceland

Average Yearly Salary of International Tax Professional in Iceland is approximately 14,870,122 ISK (104,006 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does International Tax Professional do?

An international tax professional is responsible for advising and assisting individuals, businesses, and organizations in navigating the complex world of international taxation. They specialize in understanding and applying tax laws and regulations across different countries to ensure compliance and optimize tax strategies. Their main duties include conducting research, analyzing tax implications, preparing tax returns, and providing guidance on cross-border transactions, transfer pricing, and tax planning. International tax professionals also play a crucial role in helping clients minimize tax liabilities, resolve disputes, and stay up-to-date with changing tax laws in multiple jurisdictions. They must possess strong analytical skills, attention to detail, and a deep understanding of international tax treaties and regulations.

Skills: international tax, tax planning, cross-border transactions, tax compliance, tax law, transfer pricing
Job industry: Finance

How much does International Tax Professional make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is International Tax Professional a well paid job?

Yes, our data shows that International Tax Professional is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for International Tax Professional?

High salary for International Tax Professional would be somewhere between 16,357,134 ISK and 21,561,677 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as International Tax Professional in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 14,870,122 ISK
Estimated Monthly Salary: 1,239,177 ISK
Estimated Weekly Salary: 285,964 ISK per week
Estimated Hourly Salary: 7,149 ISK per hour
By working as International Tax Professional a person can save up to 5,938 USD per month or 71,260 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for International Tax Professional

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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