Process of negotiating a bilateral Competent Authority Arrangement (CAA) for the exchange of Country-by-Country Reports between Cyprus and the United States of America

On 20th of June 2019, Cyprus tax authorities announced that negotiations between Cyprus and USA are being conducted with a view to conclude a bilateral Competent Authority Arrangement (“CAA”) for the exchange of Country-by-Country reporting between Cyprus and the USA.

The negotiations’ status is also indicated in the IRS’ website.

Elias Neocleous & CO LLC will keep monitoring the progress of this matter and will publish updates and bulletins on its website for any important updates.

Please contact Constantinos Christofi for further inquiries

SHARE

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on telegram
Share on email