The OECD has announced the release of the first peer reviews of the Country-by-Country (CbC) reporting initiative. The peer review is proceeding in stages with three annual reviews in 2017, 2018 and 2019. The phased review process follows the phased implementation of Country-by-Country (CbC) Reporting, with each review focused on three key areas: the domestic legal and administrative framework, the exchange of information framework, and the confidentiality and appropriate use of CbC reports.…