U.S. IRS Notes CbC Exchange Negotiations Not Concluded
The U.S. IRS recently updated its Country-by-Country Reporting Jurisdiction Status Table including the note that it did not anticipate concluding CbC competent authority arrangement negotiations by 31 December 2019 with any jurisdiction not listed in the table. To date, several listed jurisdictions are also still marked as in negotiations. As such, U.S. MNEs need to review their potential loca…
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