On 11 July 2018, Austria's Federal Council (upper house of parliament) adopted two declarations approved by the National Council (lower house) on 4 July concerning the effective date of the multilateral agreements for the exchange of Country-by-Country (CbC) Reports (CbC MCAA) and for the exchange of financial account information (CRS MCAA), which provide for the relevant exchange of information under the Mutual Assistance Convention. Both declarations note that although the Mutual Assistance Convention generally applies for a party to the Convention from 1 January of the year following its entry into force for that party, information may be exchanged under...