On 19 October 2017, the Swedish Tax Agency (Skatteverket) updated its declarations and reporting guidance on Country-by-Country (CbC) reporting requirements ({News-2017-03-06/A/3-previous coverage}). The update provides additional clarification based on questions that have been received by the Swedish Tax Agency, as well as the latest Guidance on the Implementation of CbC Reporting issued by the OECD, including with respect to extraordinary (exceptional) income and profits on investments, accounting principles, treatment of joint ventures, etc. The update also notes that with respect to the secondary local filing requirement due to lack of a CbC exchange agreement, the lack of agreement by itself...