The U.S. IRS has published the competent authority arrangements on the exchange of Country-by-Country (CbC) reports signed with the Czech Republic, Finland, and Luxembourg. The arrangements with the Czech Republic and Luxembourg were signed 28 September 2017 and 18 October 2017 and are operative (effective) from 25 October 2017 and 18 October 2017, respectively. With respect to the Finland arrangement, the signature/operative date has not yet been provided.
The arrangements provide that p…