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February 6, 2017
2017-0254

OECD releases peer review documents on BEPS Action 5 on Harmful Tax Practices and on BEPS Action 13 on Country-by-Country Reporting

The Organisation for Economic Co-operation and Development (OECD) released the peer review documents on February 1, on Base Erosion and Profit Shifting (BEPS) Action 5 on Harmful Tax Practices and Action 13 on Country-by-Country (CbC) Reporting. The purpose of the peer reviews is to ensure the consistent and effective implementation of BEPS actions that have been agreed as a minimum standard. The peer review documents include the agreed terms of reference containing the evaluation criteria regarding the minimum standards and the assessment methodology for the peer review process.

A Tax Alert prepared by Ernst & Young's International Tax Services group, and attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2017-0254

 
 

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