New methodology for BEPS Action 13 peer reviews
The OECD released new methodology for peer reviews of BEPS Action 13 Country-by-Country Reporting. The Action 13 standard on Country-by-Country Reporting is one of the four BEPS minimum standards that are subject to peer review in order to ensure timely and accurate implementation.
In October 2019, the Inclusive Framework extended the mandate for these peer reviews beyond the original 2020 date and the documents released form the basis on which the continuing BEPS Action 13 peer review processes will be undertaken. The wider review of the BEPS Action 13 minimum standard (the 2020 review) is ongoing, and the outcomes of this are scheduled to be released in 2021.