KPMG report: OECD clarifies GloBE information return central filing
Initial analysis and observations
The OECD today published documents on three aspects of the global minimum tax (GMT):
- Support for central GloBE information return (GIR) filing and exchange (2024 reporting fiscal year)
- Updates to the central record for purposes of the GMT
- Administrative guidance on the application of the transitional UTPR safe harbour to MNE groups with 52-53 week fiscal years
Support for central GIR filing and exchange was published under the mandate of the OECD Secretary-General, while the other documents were published under the mandate of the OECD / G20 Inclusive Framework on BEPS (Inclusive Framework).
The support for central GIR filing and exchange will be the primary focus of most multinational enterprises (MNEs), particularly with the June 30, 2026, deadline for calendar-year MNEs to file their GIR for the 2024 reporting year.
Read a May 2026 report prepared by KPMG LLP that provides initial analysis and observations of the OECD document covering support for central GIR filing and exchange.