The Cayman Islands has published the bilateral competent authority agreement on the exchange of Country-by-Country (CbC) reports signed with the United Kingdom on 4 December 2017. The agreement comes into effect on the date of the later of the notifications provided by each competent authority that its jurisdiction has the necessary laws in place to require reporting entities to file a CbC report (both already have CbC reporting requirements in place). The arrangement provides that pursuant to Paragraph 13 (Exchange of Information and Tax Examinations) of the 2010 Cayman Islands-UK income tax arrangement, each competent authority will annually exchange on...