The Jersey Government has published the bilateral competent authority arrangement on the exchange of Country-by-Country (CbC) reports with the United States. The arrangement was signed by Jersey on 29 November 2017 and by the U.S. on 7 December 2017, and is operative (effective) from the latter date of signature.
The arrangement provides that pursuant to Article 5A (Automatic Exchange of Information) of the 2002 Jersey-U.S. tax information exchange agreement, as amended, each competent auth…