The Directorate of Internal Revenue has demanded almost half a billion krónur [USD 4.9 million, EUR 4.2 million] in outstanding taxes from 16 individuals, based on information in the Panama Papers.
The McClatchy Company, the ICIJ international investigative journalists’ association, and the Miami Herald were last night awarded the prestigious Pulitzer Prize for ten investigations of the Panama Papers scandal—including one into Wintris, the offshore company owned by Anna Sigurlaug...
A report revealing that the Icelandic state is likely losing out on ISK 2.8 to 6.5 billion (USD 25-57 million, EUR 23-54 million) annually because of Icelandic tax payers’ offshore assets was presented on Friday. The report was authored by a task force appointed by Minister of Finance Bjarni...
Fifty-seven Icelandic fishermen, who worked for Icelandic fisheries abroad, are suspected of having failed to pay income tax in Iceland, where they resided.
Almost one hundred people are suspects in the investigation of the Directorate of Tax Investigation in Iceland regarding offshore companies.
In a speech at the Progressive Party’s central committee meeting on Friday, former PM of Iceland, Sigmundur Davíð Gunnlaugsson, stated he knew his computer had been hacked.
MP for the Progressive Party Höskuldur Þórhallsson has announced that he will run against the party’s chair, former Prime Minister Sigmundur Davíð Gunnlaugsson, as leader of the Northeast constituency.
Sigmundur Davíð gained international fame in an interview which has been on virtually every news hour and numerous comedy shows worldwide.
Sveinbjörg Birna Björnsdóttir, who represents the Progressive Party at the Reykjavík City Council, plans to ask for a temporary leave of absence at a city council meeting today.
An article in Stundin today reveals the connections of father and son Björgólfur Guðmundsson and Björgólfur Thor Björgólfsson to offshore companies.
In last night’s closing speeches before summer recess in Alþingi, the Icelandic parliament, MPs discussed the main events of the parliamentary session and stressed their policies.
Three family members of former Reykjavík city councilor Júlíus Vífill Ingvarsson say that the day after the Panama Papers leak broke in the press, he confessed to the family that his parents’ funds were being stored in his own offshore company.
Hannes Smárason, former CEO and board director of FL Group, was the authorized signatory of a company in Panama, which received an ISK 3 billion (USD 24 million, EUR 21 million) loan from the holding company Fons in 2007.
The Independence Party has come top in the latest opinion poll in Iceland, with roughly 31 percent support.
This morning, former Prime Minister Sigmundur Davíð Gunnlaugsson posted information on Facebook regarding his and his wife Anna Sigurlaug Pálsdóttir’s tax payments since 2007.
A search of the database made public last night by the International Consortium of Investigative Journalists reveals the names of 170 individuals listed under accounts in Iceland.
The International Consortium of Investigative Journalists (ICIJ) today makes public a database with information regarding more than 200,000 offshore entities.
President of Iceland Ólafur Ragnar Grímsson says he had interpreted CNN journalist Christiane Amanpour’s question, in an interview last month, about whether anything would be discovered about him and his family linking them to offshore companies, to be about himself, his wife Dorrit...
Dorrit Moussaieff, wife of President of Iceland Ólafur Ragnar Grímsson, has released a statement about recent media reports that she has links to offshore accounts, revealed in the so-called Swiss Leaks and Panama Papers. She states, among other things, that she has never had an account with...
The headline of Süddeutsche Zeitung, Germany’s largest newspaper, today was ‘Nein, nein, nein, nein, nein ― oder doch,’ meaning ’No, no, no, no, no–or yes.’
Dorrit Moussaieff, wife of Ólafur Ragnar Grímssson, President of Iceland, used tax shelters for some of her considerable fortune, according to documents released to Le Monde, Süddeutshe Zeitung and the International Consortium of Investigative Journalists.
Kristján Örn Sigurðsson has resigned from his job as CEO of the United Pension Fund in Iceland, following his implication in the Panama Papers scandal.
Icelandic media are abuzz today about “the fake foreign man” who was among the biggest debtors of the failed old Icelandic banks before the 2008 crash. The name does not refer to a specific individual; it is actually a collective term for a number of unknown overseas legal entities.
There are still unanswered questions about the offshore company Lasca Finance Limited, which was, or is, owned by the family of Iceland’s First Lady, Dorrit Moussaieff.