31 countries sign agreement to enable automatic sharing of CbC information

  • By A&S
  • January 28, 2016
  • News

On January 28, 2016, 31 countries* signed the Multilateral Competent Authority Agreement (MCAA) for the automatic exchange of Country-by-Country (CbC) reports. The MCAA will enable consistent and swift implementation of new transfer pricing reporting standards developed under Action 13 of the BEPS Action Plan. With CbC reporting tax administrations where a company operates will…

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