On 30 March 2018, the U.S. IRS issued Notice 2018-31 concerning national security considerations with respect to Country-by-Country (CbC) reporting.
In the regulations for CbC reporting, a general exception for information that may relate to national security was not ultimately included, although it was included that the U.S. Department of Defense would continue to consider the national security implications of CbC reports. Based on subsequent consultations with the Department of Defense, …