Tag Archives: Icelandic Fisheries
Dozens of Icelandic Fishermen Charged with Tax Fraud
Fifty-seven Icelandic fishermen, who worked for Icelandic fisheries abroad, are suspected of having failed to pay income tax in Iceland, where they resided, Fréttatíminn reports. Their cases comprise more than half of the 108 tax fraud cases connected to the Panama Papers, which are under investigation by the Directorate of Tax Investigation in Iceland. The Directorate has filed charges in a majority of the fishermen’s cases, which are now in the hands of a district prosecutor. The fishermen worked for Icelandic fisheries in Africa, among others, but lived in Iceland. In some cases, tax evasions are believed to amount to tens of millions of krónur. Read the rest here 11:24
