According to an update to the IRS Country-by-Country Reporting Jurisdiction Status Table, the U.S. signed a competent authority arrangement on the exchange of Country-by-Country (CbC) reports with Curacao on 14 May 2020. The arrangement is operative (effective) from the date it was signed. The arrangement provides that pursuant to Article 4 (Exchange of Information) of the 2020 U.S.- Curacao (Netherlands Antilles) tax information exchange agreement, each competent authority intends to automatically exchange CbC reports received from each reporting entity resident for tax purposes in its jurisdiction, provided that, on the basis of the information provided in the CbC report, one...