GloBE Information Return (GIR) delivery

Following the OECD announcement of a common understanding among the implementing jurisdictions of Pillar 2 rules (RIMG), including Portugal, we inform you that the obligation to submit the local GIR (supplementary tax information statement) is no longer necessary until the deadline for the exchange of information between the several jurisdictions, provided that the GIR is submitted by the ultimate parent entity of the group or a designated entity, and if these entities are located in a jurisdiction considered in the attached list.

If the designated entity to submit the GIR is not located in one of the listed jurisdictions, the information in the model 62 declaration must be replaced by submitting a new form considering a designated entity in one of the listed jurisdictions. Tax authorities will not apply a penalty if the submission of the (new or replacement) model 62 declaration is made by 30/06/2026.

This information is addressed to companies under the Portuguese tax system, companies under other tax systems should validate if the OECD understanding was already transposed or accepted in their tax system.