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MASTER FILE CONTENT AREA CHECKLISTDATE: ___CLASSROOM: ___REVIEWED BY: ___FORMS NOT REQUIRED IN ALL FILES: *REFERRALS/FOLLOWUPS, *LEGAL CUSTODY PAPERS, *INTEGRATION PLAN, *FIELD TRIP PERMISSION FORMS×IEP
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How to fill out master file content area

01
Gather all necessary information such as employee names, employee IDs, job titles, departments, etc.
02
Open the master file template or software where you will be filling out the content area
03
Input the employee information into the corresponding fields in the master file content area
04
Double check all entries for accuracy and completeness
05
Save the completed master file content area for future reference

Who needs master file content area?

01
HR departments who want to keep track of employee information in an organized manner
02
Companies who need to generate reports or analyze data related to their workforce
03
Managers who need access to up-to-date employee information for decision making

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The master file content area is a comprehensive file that contains key information about an MNE group's global operations, including organizational structure, financial information, and the business activities of the multinational enterprise.
Multinational enterprises (MNEs) with annual consolidated group revenue above a specified threshold, as defined by local tax regulations, are required to file the master file content area.
To fill out the master file content area, organizations must gather relevant data about their global business operations, including ownership structure, financial information, and details about their value-creating activities, and present it in a standardized format as required by local tax authorities.
The purpose of the master file content area is to provide tax authorities with a broad overview of the multinational enterprise’s global business operations and financial activities, which helps in the risk assessment of transfer pricing and tax compliance.
The master file content area must include information such as the organizational structure of the group, financial information, the business description of each entity, and information on intangibles, financial activities, and the corporate governance structure.
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