U.S. IRS Publishes MoU with Indonesia for No Local Filing and Provides Operative Date for CbC Exchange Arrangement with Estonia

The U.S. IRS has updated its Country-by-Country Reporting Jurisdiction Status Table, including the publication of a Memorandum of Understanding (MoU) with Indonesia in regard to local filing. The MoU includes that although Indonesia's CbC reporting requirements impose a local filing obligation if a CbC exchange arrangement is not operative (effective) by 30 April 2018, the Indonesian competent authority does not intend to impose local filing with respect to U.S. constituent entities in Indo…