- On 11 March 2025, the European Union (EU) Member States reached political agreement on the revision of “DAC9,” the Directive on Administrative Cooperation implementing the OECD’s Global anti-Base Erosion (GloBE) Information Return (GIR), including a dissemination approach.
- Once DAC9 is formally adopted by the Council, Member States will have until 31 December 2025, to transpose the rules into national law with information being exchanged by 31 December 2026 (exceptions apply).
- The agreed version of the Top-up Tax Information Return (TTIR) reflects the GIR released by the OECD Inclusive Framework in January 2025; for the TTIR to reflect future changes to the GIR, DAC needs to be formally amended.
Source EY
