With strong specialists in tax law, the team at KPMG Law in Iceland expertly handles cases for its wide range of clients, often involving complex, cross-border aspects. Leading the team is Ágúst Karl Guðmundsson, who brings long-standing tax experience and international expertise, and Soffía Eydís Björgvinsdóttir, who brings further tax support and particular skills in due diligence. Additionally supporting them are VAT specialist Kristinn Jónasson and Ævar Hrafn Ingólfsson, who provides advice on corporate law and financing. Ása Kristín Óskarsdóttir is another key contact.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘Soffía Eydís Björgvinsdóttir is an outstanding tax specialist with deep expertise and a practical approach that adds real value. She combines strong technical knowledge with the ability to explain complex issues clearly, making her advice both accessible and reliable. Her professionalism and precision set her apart and make her a trusted advisor in challenging tax matters.’
- ‘KPMG’s tax team has strong technical expertise and the benefit of a broad international network, which allows them to deliver comprehensive advice in cross-border matters.’
Key clients
- Ministry of Industries Samtök fyrirtækja í sjavarútvegi Horizon Investments ehf. Qair Ísland ehf. BLUE Car Rental ehf. Ministry of Food, agriculture and fisheries Össur hf. Ardian Infrastructure Landsbankinn hf. Marel hf. Eimskip hf. Arion Banki hf. Eignarhaldsfélagið Hof ehf. Sunstone IV hf. (Now Míla Holding hf.) Controlant hf. Air Atlanta PEGA ehf. Fluidstack Metdist Technologies Ltd. Heimar hf. Eik Fasteignafélag hf. Annata hf. Handpoint ehf. Másbúðir ehf. Lífeyrissjóður Verslunarmanna Gildi - lífeyrissjóður Hagar hf. Bláa Lónið hf. Flekaskil ehf.
Work highlights
Provided legal and tax support to FluidStack IS ehf. regarding the import of Exscale GPU clusters for AI cloud computing services.
Advised Lífeyrissjóður verzlunarmanna on tax issues arising from the restructuring of investment portfolios.
Advised the Infrastructure Association of the Westfjords on a landmark fiscal footprint analysis.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Practice head
Ágúst Karl Guðmundsson; Soffía Eydís Björgvinsdóttir
Other key lawyers
Kristinn Jónasson; Ævar Hrafn Ingólfsson; Ása Kristín Óskarsdóttir