The U.S. IRS has published the competent authority arrangement on the exchange of Country-by-Country (CbC) Reports with Argentina. The agreement was signed on 27 January 2021 and is operative (effective) from that date.
The arrangement provides that pursuant to the provisions of Article 6 (Automatic Exchange of Information) of the 2016 U.S.-Argentina tax information exchange agreement, each competent authority intends to automatically exchange CbC reports received from each reporting entity…