In 2011 the Aluminum Industry in Iceland carried almost 14 % of the tax base for corporate tax from all icelandic firms according to data from the Icelandic authorities. This is a relatively large number when this particular industry only represents 6,6 % of the total turnover from icelandic firms, and only totalling 0,01 % of the number of firms in Iceland. In other words the Aluminum Industry provides a relatively larger tax base for corporate taxes than the average Icelandic firm when looking at tax base in relation to turnover.