The Belgian Council of Ministers approved draft legislation on 24 February 2017 for the ratification of the Multilateral Competent Authority Agreement (MCAA) on the exchange of Country-by-Country (CbC) reports. The CbC MCAA, signed by Belgium on 27 January 2016, provides for the exchange of CbC reports under the OECD-Council of Europe Convention on Mutual Administrative Assistance in Tax Matters as amended by the 2010 protocol, which has been in force as amended in Belgium since April 2015. B…