Tuesday, 7 February 2017

OECD publishes BEPS peer review documents for exchanges of tax rulings and country-by-country reports

The OECD published, on 1 February 2017, documents detailing the processes for review of countries’ implementation of two of the OECD/G20 Base Erosion and Profit Shifting Project (BEPS) minimum standards. These relate to the compulsory spontaneous exchange of:

  • information amongst tax authorities of tax rulings in accordance with Action 5, and 
  • country-by-country reports in accordance with Action 13.

Source & more info: PwC