The Cyprus Tax Department has published an English-language version of a notice dated 30 October 2019 on Country-by-Country (CbC) report exchange with the U.S. and secondary local filing requirements. --- Clarification for Bilateral Agreement between Cyprus and the United States The Cyprus Tax Department informs all legal entities and their representatives that the bilateral Competent Authority Arrangement (CAA) for the exchange of Country-by-Country (CbC) Reports between Cyprus and the United States of America which is currently under negotiation, is expected to be effective for Reporting Fiscal Years starting on or after 1 January 2019. Consequently, in the case where the...