Treaty Transmittal: Tax Treaty with Iceland

Yesterday, May 6, the President transmitted to the Senate, for its advice and consent to ratification, the Convention Between the Government of the United States of America and the Government of Iceland for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income, and accompanying Protocol, signed on October 23, 2007, at Washington, D.C. The transmittal package (Treaty Doc. 110-17) is here. The treaty would replace the current tax convention with Iceland, which was concluded in 1975.