The tax exchange of information agreement (TIEA) between Iceland and Switzerland has been entered into force on 1 January 2017 through an exchange of notes (EoN). It applies from the same date of its entry into force. The agreement was signed on 26 October 2016 by Switzerland and on 28 October 2016 by Iceland. The agreement has projected to ensure that Iceland and Switzerland will be able to start the automatic exchange of financial account information according to the OECD Automatic Exchange of Information Agreement of 2014, base on the Council of Europe – OECD Convention on Mutual Administrative Assistance in Tax Matters (MAA) of 1988. This exchange of information agreement (2014) has been amended by the 2010 protocol approved by the Iceland – Switzerland Joint Declaration on Automatic Exchange of Information (2016).
Related Posts
Switzerland updates AEOI jurisdiction list
Switzerland’s State Secretariat for International Finance updated its list of jurisdictions for the automatic
Read More
Switzerland updates MCAA-CbC jurisdiction list
The Swiss Official Gazette had published Decision No. RO 2026 473 on 16 September, updating the list of jurisdictions
Read More
Switzerland expands CbC reporting exchange list
Switzerland has added Benin, Burkina Faso, Dominica and Greenland to its list of jurisdictions for the exchange of
Read More
Finland submits bill to parliament to approve tax treaty protocol with Switzerland
Finland’s government submitted a bill to Parliament seeking approval of the amending protocol to the
Read More
Iceland: 2027 budget proposes financial institution tax hike, VAT measures
Iceland’s Ministry of Finance presented the 2027 Budget proposal on 7 September 2026, proposing higher taxes and
Read More
Iceland: MoF consults tax law changes on interest deductions, charities, rulings and nicotine products
Iceland’s Ministry of Finance and Economic Affairs (MoF) has initiated a public consultation on several proposed
Read More