Is there any tax-free shops in Iceland?
A refund of local Value-Added Tax (VAT) is available to all visitors in Iceland. The refund will result in a reduction of up to 15% of the retail price, provided departure from Iceland is within 3 months after the date of purchase. The purchase amount must be no less than ISK 4,000 (VAT included) per store. All goods (except woolens) need to be shown at customs before check-in. At Keflavik airport this applies only to tax-free forms whose refund value exceeds ISK 5,000. For general information about Tax Free, how to shop Tax Free and where to get your refund, visit the website www.eng.is.eurorefund.com.