A refund of local Value-Added Tax is available to you when you shop in Iceland. The refund is a reduction of up to 15% of the retail price and is refundable within 30 days of purchase. The purchase amount must be no less than ISK 4000 with VAT included per sales receipt.
You can claim your refund at various places in Reykjavík or from Keflavík Airport
when you leave. Ask sales assistants for more details.
All goods, except woollens, must be packed in sealed bags with the sale receipt attached.