As part of Argentina's recently enacted 2018 tax reform law (Law 27430 - {News-2018-01-02/A/2-previous coverage}), specific penalties have been introduced in relation to Argentina's CbC reporting requirements. This includes:

• A penalty of ARS 80,000 to ARS 200,000 for failing to provide CbC notifications, including the notification of where a CbC report has been submitted if submitted abroad; a…