KPMG Law in Iceland

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KPMG Law in Iceland, which is praised as ‘the best tax team in Iceland today’, has exceptional expertise in the field of tax law, offering services across all aspects of domestic and international tax matters. Ágúst Karl Guðmundsson and Soffía Eydís Björgvinsdóttir jointly lead the team; Guðmundsson specialises in tax structuring and cross-border transactions, and Björgvinsdóttir focuses on tax administration, due diligence, and other financial services issues. Jónas Rafn Tómasson is renowned for his knowledge of complex tax structures, while Ásgeir Skorri Thoroddsen and Hrafnkell Óskarsson also attract praise.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Jónas Rafn Tómasson and Ágúst Karl Guðmundsson both have superior knowledge of corporate law and the tax consequences of complex structures, which means that their firm is number one.'
  • ‘Simply the best tax team in Iceland today when it comes to knowledge, experience and professionalism. Their knowledge of business operations and accounting is of great importance for the overall result.'

Key clients

  • Arion Banki hf.
  • Landsbankinn hf.

Work highlights

Advised on a buy-side due diligence review of TM for Landsbankinn hf. as part of its acquisition of the insurance company from Kvika Bank.