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Bermuda Issues CbC Reportable Jurisdictions List for 2020 and 2021

08 February 2022

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Treaty Development

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Bermuda-Azerbaijan-Bonaire, Sint Eustatius, and Saba (BES Islands)-China-Gibraltar-Guernsey-Jersey-Kazakhstan-Monaco-Nigeria

Bermuda's Ministry of Finance has issued a notice on the List of Reportable Jurisdictions for CbC reporting purposes for both the 2020 and 2021 reporting periods, starting on or after 1 January 2020 and 1 January 2021, respectively. The notice is dated 31 January 2022 and includes the jurisdictions that will receive 2020 and 2021 fiscal year CbC reporting information from Bermuda through automatic exchange, which generally means that for MNE groups in Bermuda with non-parent constituent entities in the listed jurisdictions, no local filing requirements should apply in these jurisdictions. The 2020/2021 list includes 69 Jurisdictions. As compared to...