FATCA agreement between Iceland and the United States 

Iceland has reached an agreement in substance with the United States on the terms of a Model 1 intergovernmental agreement (IGA) to implement the Foreign Account Tax Compliance Act (FATCA), and has consented to be listed on the website of the US Treasury Department as a jurisdiction that is treated as having an IGA in effect. As from 30 November  2014, Iceland is treated as having an IGA in effect. 

According to an update of 30 November 2014, published by the US Treasury Department.