Global Minimum Tax: Inclusive Framework releases a package to strengthen consistency and certainty for MNEs and jurisdictions
On Friday Septembnr 11, 2026, the OECD/G20 Inclusive Framework on BEPS (Inclusive Framework) released a package to support the consistent implementation and application of the Global Minimum Tax, including a framework for the full legislative review process, updates to the GloBE Information Return (GIR), and new guidance on the application of the GloBE Model Rules. This has been announced with a news release on the website of the OECD. The ...
GloBE Information Return September 2026 Update released, incorporates the Side-by-Side Package released in January 2026
Today, Friday September 11, 2026, an update of the GloBE Information Return (September 2026) has been released by the Inclusive Framework on BEPS. Click here to go to the page regarding this document on the website of the OECD. The GloBE Information Return (GIR) sets out a standardised information return designed to facilitate compliance with and administration of the Global Minimum Tax. Following its initial release in 2023, the Inclusive ...
Global minimum tax: Release of a common understanding of implementing jurisdictions and further administrative guidance to support compliance
To support the implementation of the Global Minimum Tax (GMT) and mitigate the impact of any potential delays in the availability of fully operational filing portals or exchange relationships, jurisdictions implementing the GMT from 2024 (“2024 Implementing Jurisdictions”) have agreed a common understanding to preserve the administrative and compliance benefits of the central filing mechanism for the GloBE Information Return (GIR). This has been announced with a news release on ...