The Australian Taxation Office (ATO) has recently finalized the Local file requirements that form part of the new transfer pricing statement obligations for significant global entities, which include entities that are part of an MNE group meeting an AUD 1 billion revenue threshold in the previous year ({News-2015-12-22/A/2- previous coverage}). While based on the Local file guidelines developed as part of Action 13 of the OECD BEPS Project, the Australian Local file requirements differ in a f…