The Kingdom of the Netherlands, in respect of the Netherlands Antilles,
and
the Government of Iceland,
Whereas the Kingdom of the Netherlands, in respect of the Netherlands Antilles, and the Government of Iceland (“the Parties”) have signed an Agreement for the Exchange of Information with respect to Taxes;
Whereas both the Kingdom of the Netherlands, in respect of the Netherlands Antilles, and the Government of Iceland are committed to work towards an international financial system that is free of distortions created through lack of transparency and lack of effective exchange on information in tax matters;
Whereas the Government of Iceland wishes to assist the Kingdom of the Netherlands, in respect of the Netherlands Antilles, in diversifying its economy;
Now, therefore, the Parties have agreed as follows: