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Archived edition · September 24, 2026 Today's news →

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Storm ⛈️

Storm Warning Issued Amidst Tax Debate and Crime Reports

Iceland faces a severe weather warning as a deep low-pressure system approaches, indicating potentially severe conditions across the country. In the political arena, Sigmundur David Gunnlaugsson, leader of the Centre Party, and other Members of Parliament are once again attempting to abolish inheritance tax, sparking renewed debate.

On a positive note, a planned strike by flight technicians has been called off, averting potential disruptions. Meanwhile, law enforcement continues to be active, with a second car dealer arrested in a major police operation and six individuals taken into custody for money laundering and drug law violations. A physiotherapist was also convicted for defrauding millions from the national health insurance system.

These domestic events unfold alongside reports of an unusual fatal car accident involving a 20-year-old man and allegations from a publisher concerning a group reportedly engaging in acts detrimental to Iceland's national interests. Internationally, Icelandic news sites are also observing developments regarding Russian President Vladimir Putin's preparations.

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MPs Propose Abolishing Inheritance Tax

Sigmundur David Gunnlaugsson, leader of the Centre Party, and seven other Members of Parliament are once again attempting to abolish inheritance tax, citing OECD recommendations.

Police Operations and Fraud Conviction

A second car dealer has been arrested in a major police operation, while six individuals are in custody on suspicion of drug law violations and money laundering. Additionally, a physiotherapist has been convicted for defrauding millions from the national health insurance system, and an investigation at Parketlausu seeks a business ban against three individuals.

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