OrbitaxCyprus Announces Signing of CbC Report Exchange Agreement and Plans for Implementation of CbC Reporting Requirements
|Proposed Changes|Cyprus-OECD
On 25 November 2016, the Cyprus Press and Information Office issued a press release announcing that the Republic of Cyprus signed the Multilateral Competent Authority Agreement on the Exchange of Country by Country (CbC) Reports on 1 November 2016. The signing brings the total number of signatories to 50, although the OECD list of signatories to the agreement has not yet been updated to reflect the addition of Cyprus.
The press release also notes that Cyprus will be implementing CbC report…