7 more jurisdictions including Mauritius sign the Multilateral Competent Authority Agreement for CbCR

7 more jurisdictions viz. Gabon, Hungary, Indonesia, Lithuania, Malta, Mauritius and the Russian Federation sign Multilateral Competent Authority Agreement for Country-by-Country Reporting (CbC MCAA) enabling bilateral and automatic sharing of CbCR; This brings the total number of signatories to CbC MCAA to 57;  Lithuania and Hungary joined the Agreement in October and December 2016 respectively while remaining 5 jurisdictions signed the agreement during meeting of inclusive framework on BEPS held on 26-27 January, 2017

Leave a comment