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U.S. Update on CbC Report Exchange with Gibraltar, Hungary, and Liechtenstein

29 January 2019

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Treaty Development

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United States-Gibraltar-Hungary-Liechtenstein

The U.S. IRS has updated its Country-by-Country (CbC) Reporting Jurisdiction Status Table with respect to Gibraltar, Hungary, and Liechtenstein. With respect to Gibraltar, the update includes the publication of the competent authority arrangement on the exchange of CbC reports between the two jurisdictions ({News-2019-01-17/T/3-previous coverage}). The operative (effective) date of the agreement has not yet been published. With respect to Hungary, the update includes the publication of the intergovernmental agreement and the competent authority agreement (CAA) on the exchange of CbC reports. The update does not include the operative dates of the agreements but does include that the agreements were...