The Organization for Economic Co-operation and Development (OECD) released the 2016 mutual agreement procedure (MAP) statistics in November 2017. This is the first time, under the Inclusive Framework on Base Erosion and Profit Shifting (BEPS), the OECD reported the MAP statistics based on the agreed reporting framework proposed in BEPS Action 14. The 2016 MAP statistics cover the relevant figures for all members that joined the Inclusive Framework prior t0 2017, including China. The statistics provide information on the opening and closing inventory, cases started and closed during 2016, and average time taken to close MAP cases by each of the countries.
According to the statistics, the opening inventory of MAP cases in 2016 is significantly higher than the previous years, while the number of cases closed during the year increased and the average time taken to close the cases shortened. Meanwhile, the China related statistics show that China has sped up her closing of MAP cases. The inventory level has been significantly reduced with a high success rate of 91%.