The Inclusive Framework on BEPS to date has assessed the progress of 92 individual jurisdictions in exchanging information on tax rulings according to the latest report from the OECD.

The 2017 Peer Review Reports on the Exchange of Information on Tax Rulings says that more than 16,000 tax rulings and almost 21,000 exchanges of information have taken place to date. The report also noted that 60 percent of the recommendations issued in the first annual report have been successfully addressed.

The report contains 60 jurisdiction-specific recommendations on issues such as improving the timeliness of the exchange of information and ensuring that exchanges of information are made with respect to preferential tax regimes that apply to income from intellectual property.