A comprehensive agreement (SI 1991/2879) entered into force on 19 December 1991 and has effect :
a) In the United Kingdom for
i) Income Tax from 1992-93, ii) Capital Gains Tax from 1992-93, iii) Corporation Tax from 1 April 1992
b) In Iceland for income and capital gains derived after 1 January 1992.
If using the HMRC Intranet, the agreement can be viewed through the “New treaties/protocols in force” link on the sidebar. On the HMRC web-site, searching for “Treaties in force Iceland” will provide a link to the treaty.