On 15 November 2017, the Bulgarian government reportedly approved the signature of the Multilateral Competent Authority Agreement on the exchange of Country-by-Country reports (CbC MCAA). Once signed, the CbC MCAA must then be activated by Bulgaria for it to be effective for the exchange of CbC reports with other signatories. With respect to other EU signatories, however, exchange is already effective base on the EU Directive for the exchange of CbC reports.
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