Agreement between the Competent Authorities of the United Kingdom of Great Britain and Northern Ireland and the Isle of Man on the Exchange ofDecember 18th, 2017
FiledDecember 18th, 2017Whereas, the Governments of the United Kingdom of Great Britain and Northern Ireland and the Isle of Man desire to increase international tax transparency and improve access of their respective tax authorities to information regarding the global allocation of the income, the taxes paid, and certain indicators of the location of economic activity among tax jurisdictions in which Multinational Enterprise (MNE) Groups operate through the automatic exchange of annual CbC Reports, with a view to assessing high-level transfer pricing risks and other base erosion and profit shifting related risks, as well as for economic and statistical analysis, where appropriate;