The Jersey Government has published the bilateral competent authority agreement on the exchange of Country-by-Country (CbC) reports signed with the United Kingdom on 19 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 Article 5A (Automatic Exchange of Information) of the 2009 Jersey-UK tax information exchange agreement, as amended, each competent authority intends to automatically exchange...