Act No. 129 on environmental and resource taxes. Country/Territory Iceland Document type Legislation Date 2009 (2020) Source FAO, FAOLEX Subject Environment gen., Water Keyword Protection of environment Tax/levy Environmental fees/charges Water charges Freshwater pollution Pollution control Geographical area Arctic, Atlantic Ocean Islands, Europe, Europe and Central Asia, North Atlantic, North-East Atlantic, Northern Europe Abstract The present Act establishes a series of environmental taxes. It includes a carbon tax on fuels containing carbon of mineral origin and used in liquid or gaseous form or in industrial processes; a special tax on sold electricity and hot water; and a special tax on each kilogram of fluorinated greenhouse gases imported into the country. If something else is not provided, taxable persons under the Act are: (1) All those who import into the country goods that are taxable under the Act, whether for resale or own use; and (2) All those who produce in the country a product that is subject to a fee under this Act, work on its production or assemble it, whether for resale or own use. Full text Icelandic Website www.althingi.is