OECD: IT-Tools for the Exchange of Tax InformationBy Robert Robillard - 22 September 2017
The OECD has recently released various updated or new tools for the exchange of tax information in the context of the Common Reporting Standard (CRS), Country-by-Country (CbC) Reporting and tax rulings (ETR).
Although these tools are chiefly addressed to tax authorities, MNEs should familiarize themselves with these to ensure transfer pricing compliance.
The IT-tools and OECD’s user guides include:
- Country-by-Country Reporting XML Schema and User Guide
- Exchange on Tax Rulings XML Schema and User Guide
- Country-by-Country Reporting Status Message XML Schema and User Guide
- Exchange on Tax Rulings Status Message XML Schema and User Guide
- Common Reporting Standard Status Message XML Schema and User Guide
These documents have also been added to the library on BEPS and Transfer Pricing available here.
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