1. Will Tax Issues Stall Iceland’s Data Center Push?

    Data Center Knowledge (Sep 9 2010)

    1. Will Tax Issues Stall Iceland’s Data Center Push? The government of Iceland has been actively promoting the island nation as a destination for data center development, citing its abundant supply of geothermal energy. The effort has yielded several significant projects: a container facility operated by Thor Data Center which will house servers for Opera, and a major data center by Verne Global in a former NATO Command Centre in Keflavik. But legislators in Iceland have balked at eliminating the value-added tax (VAT) on server equipment, a common incentive in many U.S. states and many European locations. This apparently could be a deal-breaker for some major prospects that are looking at the Verne Global project. (Read Full Article)

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