Over 115 Countries Adopted Tax Transparency Rules, OECD Says

The number of countries that have adopted the OECD’s country-by-country reporting standard into their domestic law has increased by about five countries, according to a new report.

The Organization for Economic Cooperation and Development published a peer review report Monday that found more than 115 countries have adopted its country-by-country reporting standard into their domestic laws, compared to over 110 countries in 2023.

The country-by-country reporting standard is part of the OECD’s first project to limit base erosion and profit shifting, which completed ...