Publication of Peer Review Report of Ireland
The Organisation for Economic Co-operation and Development (OECD) Global Forum is responsible for the in-depth monitoring and peer review of the:
- implementation of the international standards of transparency
- and
- exchange of information for tax purposes.
The peer review assesses the legal and regulatory framework of each jurisdiction to verify that:
- information that is relevant for tax purposes is available within that jurisdiction
- the tax authorities have the power to obtain that information
- and
- there are mechanisms in place for the exchange of that information with partner jurisdictions.
In 2010, Ireland was one of the first countries to be peer-reviewed by the Global Forum and received the highest possible rating of 'Compliant'. Details of the 2010 report can be found at Peer Review Report: Ireland 2013.
In 2016, a second round of peer reviews commenced and in August 2017 Ireland was again awarded the highest possible rating of ‘Compliant’. Details of the 2017 report can be found at Peer Review Report: Ireland 2017 (Second Round).