France Clarifies Approach to GloBE Information Return Centralized Filing and Exchange of Information

The French tax authority has issued a release to clarify its Approach to GloBE Information Return (GIR) Centralized Filing and Exchange of Information, considering the common understanding to waive penalties and not enforce local GloBE Information Return (GIR) filing obligations, which was released by the OECD on 18 May 2026. The release confirms France's adoption of the common understanding, providing that French constituent entities will generally be exempt from local filing if:

• The GIR …