On 30 August 2016, Brazil's Federal Revenue Department (RFB) announced the publication of Decree No. 8842 in the Official Gazette, which promulgates the OECD-Council of Europe Convention on Mutual Administrative Assistance in Tax Matters. The announcement notes that the Convention, which is effective in Brazil from 1 January 2017, provides for the automatic exchange of information including financial account information under the OECD Common Reporting Standard (CRS), Country-by-Country report…