Greece: AADE issues a Circular regarding MCAA for the year 2020

05 May, 2022

On 18 April 2022, the Greek Public Revenue Authority (AADE) published Circular A.1051 of 18 April 2022, which determines the lists of jurisdictions with which Greece wants implement the Multilateral Competent Authority Agreement on the exchange of

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Turkey ratifies CAA regarding CbC exchange arrangement with US

17 February, 2022

On 14 February 2022, the Turkish Revenue Administration has issued Presidential Decision No. 5191 in the Official Gazette, through which Turkey ratifies the competent authority arrangement (CAA) on the exchange of country-by-country (CbC) with US.

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Jamaica joins CRS Multilateral Competent Authority Agreement

04 February, 2022

On 31 January 2022, the Organization for Economic Co-operation and Development (OECD) published an update regarding signatories of the multilateral competent authority agreement (MCAA) on automatic exchange of financial account information and

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Czech Republic: Finance Ministry updates list of jurisdictions exchanging CbC reports

27 January, 2022

On 20 January 2022, the Finance Ministry published Finance Bulletin No.3/2022, which updates the list of jurisdictions participating in the exchange of country-by-country (CbC) reports for the 2021 reporting

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Singapore updates Order on CbC Exchange of Multilateral Agreement

13 January, 2022

On 21 December 2021, Singapore published the Income Tax (International Tax Compliance Agreements) (Multilateral Competent Authority Agreement on The Exchange of Country-by-Country Reports) Order 2018. The change includes the addition of a

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Czech Republic: Finance Ministry issues Bulletin regarding MCAA-CRS

31 December, 2021

On 28 December 2021, the Finance Ministry published a Bulletin regarding the lists of jurisdictions exchanging Country-by-Country (CbC) reporting for the year 2021 on International Cooperation in Tax Administration and on Amendments to Other

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Luxembourg updates the list of jurisdictions for exchanging CbC reports

17 December, 2021

On 13 December 2021, the Luxembourg Ministry of Finance published Grand-Ducal Regulation of 9 December 2021  in the Official Gazette amending Grand-Ducal Regulation of 13 February 2018. The Regulation updates the list of

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US: IRS publishes joint statement with Germany on the exchange of CbC reports

30 August, 2021

The Internal Revenue Service (IRS) published a joint statement with the competent authority of the United States of America and the competent authority of the Germany on the implementation of the spontaneous exchange of Country-by-Country Reports

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US: IRS publishes joint statement with France on the exchange of CbC reports

30 August, 2021

The Internal Revenue Service (IRS) published a joint statement with the competent authority of the United states of America and the competent authority of the French republic on the implementation of the spontaneous exchange of country-by-country

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South Africa: SARS publishes list of jurisdiction with effective CbC report exchange agreements

02 July, 2021

The South African Revenue Service (SARS) published a latest list of jurisdictions. These listed jurisdictions have CbC report exchange agreements with South Africa from 22 June 2021. The lists are intended to assist members of MNE Groups tax

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Azerbaijan signs MCAA for the exchange of CbCR

24 June, 2021

On 12 March 2021, Azerbaijan has signed the Multilateral Competent Authority Agreement (MCAA) for the exchange of Country-by-Country reports (CbCR). According to OECD, the total signatories to the agreement CbC MCAA are now

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Colombia joins OECD International Compliance Assurance Programme (ICAP)

10 June, 2021

Recently, Organisation for Economic Co-operation and Development (OECD) has announced that Colombia joins International Compliance Assurance Programme (ICAP). ICAP is a voluntary risk assessment and assurance programme to facilitate open and

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Turkey ensures effective date of MCAA of CRS and CbC Reports

04 June, 2021

On 31 May 2021, Turkey has published Decision No. 4025, and Decision No. 4026, which set the effective date of the Multilateral Competent Authority Agreement (MCAA) of Common Reporting Standard (CRS) and Country-by-Country (CbC)

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Greece: AADE publishes a Circular regarding MCAA

13 May, 2021

On 22 April 2021, the Public Revenue Authority (AADE) published Circular A.1092 of 22 April 2021, which determines the lists of jurisdictions with which Greece wants implement the Multilateral Competent Authority Agreement on the exchange of

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Uganda commits to implement AEOI by 2023

22 February, 2021

On 17 February 2021, OECD has announced that Uganda has committed to implement the International Standard for Automatic Exchange of Financial Account Information in Tax Matters (AEOI) by 2023. Maria José Garde, Chair of the Global Forum, said

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Luxembourg updates the list of jurisdictions for exchanging CbC reports

04 February, 2021

On 26 January 2021, the Luxembourg Ministry of Finance published Grand-Ducal Regulation of 22 January 2021  in the Official Gazette amending Grand-Ducal Regulation of 13 February 2018. The Regulation updates the list of jurisdictions for

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US and Argentina sign CbC exchange arrangement

31 January, 2021

On 27 January 2021, US and Argentina have signed a competent authority agreement to exchange country-by-country reports. The purpose of the agreement is to increase international tax transparency and improve access of their respective tax

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Peru joins CRS Multilateral Competent Authority Agreement

17 December, 2020

On 10 December 2020, the Organization for Economic Co-operation and Development (OECD) published an update regarding signatories of the multilateral competent authority agreement (MCAA) on automatic exchange of financial account information and

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