On 29 September 2017, the Swiss Federal Council announced the adoption of the Ordinance on the International Automatic Exchange of Country-by-Country Reports of Multinationals, which provides for the implementation of the Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports (CbC MCAA) and the Federal Act on the International Automatic Exchange of Country-by-Country Reports of Multinationals. The main aspects of the CbC reporting requirements are summarized…