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GUIDANCE DOCUMENT Master Files (MF's) Procedures and Administrative RequirementsPublished by authority of the Minister of HealthInitial Draft Date2008/08/05Revision Date2016/02/05Effective Date2017/05/01Health
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Master files (MFS) are detailed files that contain comprehensive information about a company's global business operations, transfer pricing policies, and other relevant information.
Multinational companies that exceed certain revenue thresholds and engage in cross-border transactions are required to file master files (MFS) in accordance with local transfer pricing regulations.
Master files (MFS) are typically filled out by providing detailed information about the company's organizational structure, business activities, intangible assets, financial information, and transfer pricing policies.
The purpose of master files (MFS) is to provide tax authorities with a comprehensive overview of a company's global operations and transfer pricing practices in order to assess transfer pricing risks and ensure compliance with local transfer pricing regulations.
Master files (MFS) typically include information on the company's organizational structure, business activities, intangible assets, financial information, and transfer pricing policies.
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