SUBSCRIBERS

Iceland considers new tax on tourists

The alternative for the country, overwhelmed by a record number of visitors, may be to limit sightseers' access to its most popular spots

Published Fri, Mar 17, 2017 · 09:50 PM

Reykjavik

ONE of the world's hottest and most expensive holiday destinations could soon become a little more expensive. Overwhelmed by a record number of visitors in spite of its far-flung location, Iceland's government is considering ways of raising taxes in the tourism sector. The alternative would be to limit sightseers' access to the country's most popular spots.

"The sector and all of us have to be careful not to become victims of our own success," Thordis Kolbrun Reykfjord Gylfadottir, Iceland's tourism minister, said in a recent interview in Reykjavik.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Lifestyle

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here