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West end Office Park Block D 254 Hall Street Centurion Pretoria 0157Tel: 086 063 7778EMail: aca.Tshwaneprovfund@sanlam.co.zaMEMBERS INDIVIDUAL CONTACT PARTICULARS In order to ensure efficient and
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What is contact mgf?
Contact MGF (Master File and Local File) is a documentation requirement introduced by the Organisation for Economic Co-operation and Development (OECD) as part of the Base Erosion and Profit Shifting (BEPS) project.
Who is required to file contact mgf?
Multinational enterprises (MNEs) with a consolidated group revenue exceeding a certain threshold are required to file contact MGF.
How to fill out contact mgf?
Contact MGF is typically filled out by compiling relevant information related to the MNE's global operations, transfer pricing policies, and related party transactions.
What is the purpose of contact mgf?
The purpose of contact MGF is to provide tax authorities with an overview of the MNE group's global operations and transfer pricing policies to assess if the allocation of profits between countries is consistent with arm's length principles.
What information must be reported on contact mgf?
Information related to the MNE's organizational structure, global business operations, intangible property, and financial activities must be reported on contact MGF.
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