On 8 March 2017, the Finnish Ministry of Finance published a declaration in the Official Gazette on Finland's commitment to exchange Country-by-Country (CbC) reports as per the Multilateral Competent Authority Agreement on the Exchange of CbC reports, which Finland signed on 27 January 2016, and has since been signed by a total of 57 jurisdictions. Finland's CbC reporting requirements were finalized in November 2016 and apply for fiscal years beginning on or after 1 January 2016 for MNE groups meeting the standard EUR 750 million consolidated revenue threshold ({News-2016-12-02/A/2- previous coverage}).