OECD Provides Update on Tax Ruling Transparency under BEPS Action 5 Minimum Standard

The OECD recently issued a release on tax ruling transparency under the BEPS Action 5 minimum standard.

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23/12/2019 - As part of continuing efforts to address BEPS concerns, the Inclusive Framework on BEPS (Inclusive Framework) has now assessed 112 jurisdictions' progress in spontaneously exchanging information on tax rulings, in accordance with Action 5 of the OECD/G20 BEPS package. This includes the first review for newer members of the Inclusive Framework, as well as certain developin…