Argentina's tax authority (AFIP) has updated its Country-by-Country (CbC) reporting FAQs to include a question on when the competent authority arrangement on the exchange of Country-by-Country (CbC) Reports with the U.S. entered into force and for what fiscal years is it effective. The answer provides that the arrangement entered into force on 27 January 2021 and is effective for fiscal years beginning on or after 1 January 2018.
Although not specified in the answer, this essentially means…