As part of ongoing efforts to enhance tax transparency and improve international tax compliance, the OECD is releasing today two XML Schemas and associated User Guides to support the reporting and exchange of information under the Global Minimum Tax (GMT) and the Crypto-Asset Reporting Framework (CARF).
- The GloBE Information Return (Pillar Two) Status Message XML Schema allows Competent Authorities that have received information through the GloBE Information Return (GIR) XML Schema to report back to the sending Competent Authority whether the information was provided in line with the agreed GIR validation rules. These rules, aimed at ensuring quality GIR data, are set out in detail in this document.
- The updated version of the Crypto-Asset Reporting Framework (CARF) XML Schema supports the automatic exchange of information pursuant to the CARF, as approved by the OECD in 2023 and contains a number of technical adjustments on the CARF XML Schema approved in 2024.
The OECD has also issued a new set of frequently asked questions (FAQs) to provide interpretative guidance on the CARF and the amended Common Reporting Standard (CRS). These FAQs help to ensure consistency in the implementation of both standards.
Visit our website for more information on the work of the OECD on the CARF, the CRS and the GIR.
Queries should be directed to the OECD Centre for Tax Policy and Administration’s Communications Office.
