UK HMRC has updated its guidance on the GloBE Information Return (GIR) Filing and Exchange: Transitional approach. The guidance was first published following the common understanding on Pillar 2 GloBE Information Return (GIR) filing that was announced by the OECD on 18 May 2026. Based on the common understanding, the UK's transitional approach allows a multinational group to file its GloBE Information Return (GIR) in one central participating jurisdiction instead of filing locally in the UK,…