The Australian Taxation Office (ATO) has updated its guidance on the Global and domestic minimum tax, including new information on Australia's recent signing of the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA). Australia has signed the Multilateral Competent Authority Agreement on the Exchange of GloBE Information Return (GIR MCAA). This milestone in Pillar Two implementation establishes a framework to the enable automatic exchange of GIR informa…