Thailand to Sign GIR MCAA

The Thai Revenue Department has issued a release announcing that the Thai Cabinet approved the signing of the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA) on 16 June 2026. The GIR MCAA is meant to facilitate the automatic exchange of GIR information between tax administrations and minimize the compliance burden for MNE Groups, since they will be able to centrally file their GloBE Information Return. According to the release, Thailand will begin i…