Bad Taste Ltd. is English name of Icelandic Smekkleysa label used on their releases outside Iceland to build a separate catalogue starting with 'BT' letters.
Usually Bad Taste Ltd. entity appears as both label and company on releases, but in fact, the label uses a variety of ways to represent itself on releases:
The label may appear as text logo, as image+text or as image-only logo with 'Bad Taste Ltd.' mentioned only in fine print as phonographic rights holder. Variations are possible, such as 'Bad Taste Ltd., U.S.A.' logo etc.
Most of their US releases are distributed by Rough Trade and have an additional Rough Trade logo.