The Australian Taxation Office (ATO) has published guidance on the local and master file in 2024, which relates to reporting periods starting from 1 January 2023. This includes the Local file instructions 2024 and the Local file/master file 2024.
Local file instructions 2024
These instructions are to be used when completing the 2024 local file as part of the country-by-country reporting obligations and includes the following sections:
Use these instructi…