On October 22, 2020, the OECD released the stage 2 peer review monitoring reports for Czech Republic, Denmark, Finland, Korea, Norway, Poland, Singapore, and Spain.
The reports were released as part of the OECD’s work on Action 14 of the base erosion and profit shifting work.
These reports evaluate the progress made by these eight jurisdictions in batch 3, in implementing any recommendations resulting from jurisdictions' stage 1 peer review reports. The stage 2 monitoring takes into account any developments in the period August 1, 2017 – February 28, 2019 and the MAP statistics are based on years 2016, 2017, and 2018.
The results from the peer review and peer monitoring process demonstrate positive changes across all eight jurisdictions, although not all show the same level of progress.