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Multilateral CbC Exchange Agreement in Force for India

|Treaty Development|India
India

India's Ministry of Finance has issued Notification No. 75/2017, which announces that the Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports (CbC MCAA) entered into force for India on 12 May 2016 and is effective between India and other jurisdictions as per para. 2 Section 8 (Terms of Agreement) of the CbC MCAA. Para. 2 Section 8 provides that the CbC MCAA is effective between two competent authorities on the later of the following dates: (i) the date on…

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