The Organization for Economic Co-operation and Development (OECD) announced that the Multilateral Competent Authority Agreement (MCAA) on the Automatic Exchange of Country-by-Country Reports was signed by Australia, Austria, Belgium, Chile, Costa Rica, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Japan, Liechtenstein, Luxembourg, Malaysia, Mexico, Netherlands, Nigeria, Norway, Poland, Portugal, Slovak Republic, Slovenia, South Africa, Spain, Sweden, Switzerland, and the United Kingdom.  The MCAA is intended to enable the implementation of the new transfer pricing reporting standards developed under Action 13 of the OECD’s Base Erosion and Profit Shifting (BEPS) Action Plan.