OrbitaxOrbitax

Bermuda Adopts Legislation for Exchange of CbC Reports

|Approved Changes|Bermuda
Bermuda

The Bermuda parliament reportedly adopted legislation in the last week of February 2017 that amends the International Cooperation (Tax Information Exchange Agreements) Act 2005 (TIEA Act) in relation to Bermuda's commitments to exchange of Country-by-Country (CbC) reports under the Multilateral Competent Authority Agreement (MCAA) on the exchange of CbC reports. Bermuda signed the CbC MCAA in April 2016, and as a signatory, committed to the introduction of CbC reporting requirements for fisc…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.