Montenegro has approved plans to negotiate a tax treaty with Iceland and appointed its negotiation delegation. Montenegro’s government announced its approval of a plan to begin talks on an income and capital tax agreement with Iceland on 5 June

Iceland is holding a public consultation from 4 June to 5 August 2025 on a proposed bill to implement the Pillar 2 global minimum tax under the GloBE Model Rules. Iceland's Ministry of Finance and Economic Affairs has opened a public consultation

The Montenegro government published a proposal for negotiating an income and capital tax treaty with Iceland on 15 May 2025. The agreement aims to avoid double taxation and prevent fiscal evasion concerning income taxes between Iceland and

New Zealand's Ministry of Foreign Affairs and Trade announced that Iceland and New Zealand have concluded a second round of negotiations for an income tax treaty in February 2025. This agreement seeks to eliminate double taxation, combat tax

The European Free Trade Association (EFTA) member states—Iceland, Liechtenstein, Norway, and Switzerland have signed a free trade agreement (FTA) with Ukraine on 8 April 2025. The agreement will contribute to Ukraine’s resilience, recovery

As of 26 March 2025,  officials from Iceland and the Philippines recently convened to explore opportunities for bilateral cooperation, focusing on initiating negotiations for an income tax treaty. Iceland's non-resident Ambassador to the