According to an update to the IRS Country-by-Country Reporting Jurisdiction Status Table, the U.S. signed a competent authority arrangement on the exchange of Country-by-Country (CbC) Reports with Spain on 19 December 2017. The arrangement was not yet published at the time of writing, but will likely be published in the near future and is expected to apply for fiscal years beginning on or after 1 January 2016.
The update also provides that the CbC exchange arrangements with Guernsey and Malta are operative (effective) as of 19 December 2017. Both of the arrangements apply with respect to fiscal years of MNE Groups beginning on or after 1 January 2016.
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