OECD Reports Record Progress in Global Country-by-Country Reporting Compliance for 2025
On 23 September 2025, the OECD published its eighth annual peer review, assessing the implementation of Country-by-Country (CbC) reporting standards by 142 jurisdictions, and found continued progress in global tax transparency, with more jurisdictions adopting legal frameworks and information exchange agreements for CbC reporting.
The peer review process covers the following main areas: the domestic legal and administrative framework, the exchange of information framework, and confidentiality and appropriate use.
The eighth annual peer review findings include that:
- over 120 jurisdictions have a domestic legal framework for CbC reporting in place. This is an increase from 115 jurisdictions reported last year;
- 101 jurisdictions have either bilateral or multilateral competent authority agreements in place, up from 93 jurisdictions in 2024;
- 107 jurisdictions assessed by the Global Forum for confidentiality and data safeguards did not receive an action plan, up from 99 in 2024; and
- 89 jurisdictions have been determined to have sufficient measures in place for the appropriate use of CbC reports, an increase from 84 jurisdictions compared to the 2024 release.
The OECD's BEPS Action 13 Minimum Standard on CbC reporting is one of four BEPS minimum standards. The CbC reports, prepared by large multinational enterprises (MNEs), provide valuable information about the global allocation of income, profit, taxes paid and economic activity to tax administrations.
The peer review compilation can be accessed through the OECD's iLibrary.
Report from our correspondent, Dragos Dancau. Follow our reporting on this via our Tax News Service (subscribers only).