The Organization for Economic Cooperation and Development (OECD) has released an updated list of signatories to the Multilateral Competent Authority Agreement (MCAA) on the Exchange of Country-by-Country (CbC) Reports on 10 February 2025.
The list includes signing dates, which reflect the most current information as of that date.
CbC reporting (BEPS Action 13) is one of four BEPS minimum standards, which are subject to peer review to ensure timely and accurate implementation and safeguard the level playing field.
Under BEPS Action 13, all large multinational enterprises (MNEs) are required to prepare a country-by-country (CbC) report with aggregate data on the global allocation of income, profit, taxes paid and economic activity among tax jurisdictions in which they operate. This CbC report is shared with tax administrations in these jurisdictions, for use in high-level transfer pricing and BEPS risk assessments.
