The OECD has released new stage two peer review monitoring reports for Czech Republic, Denmark, Finland, Korea, Norway, Poland, Singapore and Spain. Under BEPS Action 14, jurisdictions have committed to implementing a minimum standard to improve the resolution of tax-related disputes between jurisdictions.

The reports evaluate the progress made in implementing any recommendations resulting from the stage one peer review reports. The stage two monitoring takes into account any developments in the period 1 August 2017 to 28 February 2019 and the MAP statistics are based on years 2016, 2017 and 2018. The results from the peer review and peer monitoring process demonstrate positive changes across all eight jurisdictions, although not all show the same level of progress.

More information can be found in the OECD’s update on their website.