U.S. Signs CbC Exchange Arrangement with Singapore
According to an update to the IRS Country-by-Country Reporting Jurisdiction Status Table, the U.S. signed a competent authority arrangement on the exchange of Country-by-Country (CbC) reports with Singapore on 6 October 2020. The arrangement is operative (effective) from the date it was signed.
The arrangement provides that pursuant to Article 1 of the 2018 U.S.- Singapore tax information ex…
Continue Reading