On 22 May 2017, the U.S. IRS published the bilateral competent authority agreement signed with Norway on the exchange of Country-by-Country (CbC) reports. The agreement is effective from the latter date of signature, which is reportedly 11 May 2017 (version published by IRS does not indicate signed date). The agreement provides that pursuant to the provisions of Article 28 (Exchange of Information) of the 1971 income and property tax treaty between the two countries, as amended, each competent authority will automatically exchange CbC reports received from each reporting entity resident for tax purposes in its jurisdiction, provided that, on the...