According to an update to the IRS Country-by-Country Reporting Jurisdiction Status Table, the U.S. signed a competent authority arrangement on the exchange of Country-by-Country (CbC) reports with Japan on 12 October 2018. The arrangement is operative (effective) from the date it was signed.

The arrangement provides that pursuant to Article 26 (Exchange of Information) of the 2003 Japan-U.S.…