Bermuda has published the bilateral competent authority agreement on the exchange of Country-by-Country (CbC) reports signed with the United Kingdom on 29 November 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 have CbC reporting requirements in place). The arrangement provides that pursuant to Paragraph 6 (Automatic Exchange of Information) of the 2017 Bermuda-UK tax information exchange agreement, each competent authority will annually exchange on an automatic basis the CbC...