Should three or more teams be tied on points, then a tie breaking formula will be applied as follows, creating a sub-group amongst the tied teams. This process will continue until only two teams remain tied. The game between the two remaining tied teams would then be the determining tie-breaker as the game between these two teams could not end as a tie.
Step 1:
Taking into consideration the games between each of the tied teams, a sub-group is created applying the points awarded in the direct games amongst the tied teams from which the teams are then ranked accordingly.
Step 2:
Should the teams still remain tied then the better goal difference in the direct games amongst the tied teams will be decisive.
Step 3:
Should the teams still remain tied then the highest number of goals scored by these teams in their direct games will be decisive
Step 4:
Should three or more teams still remain tied then the results between each of the three teams and the closest best-ranked team outside the sub-group will be applied. In this case the tied team with the best result (1. points, 2. goal difference, 3. more goals scored) against the closest best ranked-team will take precedence
Step 5:
Should the teams still remain tied, then the results between each of the three teams and the next highest best-ranked team outside the sub-group will be applied.
Step 6:
Should the teams still remain tied after these five steps have been exercised then Sport considerations will be applied and the tied teams will be ranked by their positions coming into the Championship.
Note: If not all mutual games have been played yet in an ongoing tournament, the tied teams will be ranked in the standings according to the following criteria: 1. Lower number of games played, 2. Goal difference, 3. Goals scored, 4. Positions coming into the Championship.
http://www.iihf.com/competition/292/format.html