Share with your friends

IT guidelines for exchanges of country-by-country reports, CRS tax information

OECD guidelines for exchanges of tax information

The Organisation for Economic Cooperation and Development (OECD) today announced new information technology (IT) and guidelines to support technical implementation of the exchange of tax information by tax authorities under the common reporting standard (CRS), on country-by-country (CbC) reporting, and in relation to tax rulings.


Related content

As noted in the OECD release, with respect to CbC reporting and tax rulings information, multinational entity (MNE) groups are allowed to indicate cases of stateless entities and stateless income, as well as to specify the commercial name of the MNE group. Also, clarifications have been made, in particular with respect to the correction mechanisms.

The IT tools provided on the OECD website are:

  • CbC reporting XML schema and user guide
  • Exchange on tax rulings XML schema and user guide
  • CbC reporting status message XML schema and user guide
  • Exchange on tax rulings status message XML schema and user guide
  • CRS status message XML schema and user guide

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Want to do business with KPMG?


loading image Request for proposal

Stay up to date with what matters to you

Gain access to personalized content based on your interests by signing up today

Sign up today