OrbitaxDenmark and Faroe Islands Sign Competent Authority Arrangement on Exchange of Country-By-Country Reports Under Nordic Convention
|Treaty Development|Denmark-Faroe Island
According to a notice published by the Danish Customs and Tax Administration, a competent authority agreement on the exchange of CbC reports was signed with the Faroe Islands on 28 March 2025. The agreement is based on the 1989 Nordic Convention and provides for the automatic exchange of CbC reports in accordance with the Multilateral Agreement for the exchange of CbC reports signed by Denmark…
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