Malaysia has joined the GIR MCAA, becoming the 40th signatory to the OECD agreement aimed at simplifying GloBE Information Return compliance for multinational enterprise groups through centralised filing.
Malaysia has signed the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA) on 16 July 2026, according to an OECD update on 1 October 2026.
The GIR MCAA is intended to reduce compliance burdens for multinational enterprise (MNE) groups by enabling the centralised filing of GloBE Information Returns.
A key part of the OECD/G20 BEPS Project is addressing the tax challenges arising from the digitalisation of the economy. In October 2021, over 135 jurisdictions joined a plan to update key elements of the international tax system, which is no longer fit for purpose in a globalised and digitalised economy. The Global Anti-Base Erosion Rules (GloBE) are a key component of this plan and ensure large multinational enterprises pay a minimum level of tax on the income arising in each of the jurisdictions where they operate.
As of 1 October 2026, 40 countries and jurisdictions have signed the agreement.
