Switzerland’s National Council has approved the OECD’s GloBE information exchange agreement, enabling the country to share and receive 2024 global minimum tax returns.

RF Report

Switzerland’s National Council has approved the OECD’s Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA) during its spring session, which ended on 20 March 2026.

Switzerland signed the agreement in 2025, but parliamentary ratification was required under national law. Following a 100-day referendum period, the country will be able to exchange and receive GloBE information returns (GIRs) for the 2024 fiscal year.

The move allows Swiss multinationals to comply with the domestic top-up tax (QDMTT) under the global minimum tax framework, which ensures a minimum effective tax rate of 15%. The GIR facilitates information exchange between tax authorities, helping verify QDMTT calculations and income inclusion rules.

So far, 28 jurisdictions have signed the agreement.

Relevant amendments to the minimum taxation ordinance became effective on 1 January 2026.

Earlier, the Federal Tax Administration (FTA) made the GloBE Information Return (GIR) application available on the federal online portal, allowing companies to register and submit their GIR.