The OECD has published a report on the BEPS Action 13 Country by Country (CbC) Reporting initiative. The review covers 131 jurisdictions, covering almost all multinational enterprise (MNE) groups with consolidated group revenue at or above the threshold of €750 million. The report highlights that over 2,500 exchange relationships on CbC reporting information are now in place between tax authorities. As of 31 March 2020, Ireland has 67 bilateral arrangements in place.

CbC reporting requires tax administrations to collect and share detailed information on all large MNEs doing business in their country. Information collected includes the amount of revenue reported, profit before income tax, and income tax paid and accrued, as well as the stated capital, accumulated earnings, number of employees and tangible assets, broken down by jurisdiction. CbC reporting provides transparency to tax administrations worldwide.