OECD: CbC reporting implementation status | KPMG | BE

OECD: Country-by-country reporting implementation status, exchange relationships (BEPS Action 13)

OECD: CbC reporting implementation status

The Organisation for Economic Cooperation and Development (OECD) today announced activation of automatic exchange relationships under the multilateral competent authority agreement (MCAA) on the exchange of country-by-country (CbC) reports—the CbC MCAA.

1000

Related content

As noted in today’s OECD release, over 1,000 automatic exchange relationships have now been established among jurisdictions committed to exchanging CbC reports as of mid-2018, including those between EU Member States under EU Council Directive 2016/881/EU. Updates will be published on the OECD website.

 

Read the full list of automatic exchange relationships that are now in place, and an update on the implementation of the domestic legal framework for CbC reporting in jurisdictions.

© 2017 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved.

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Request for proposal

 

Submit